Interim Boards of Settlement Established to Resolve Tax and Customs Disputes Across Four Major Metropolitan Zones Under Section 31A

Interim Boards of Settlement Established to Resolve Tax and Customs Disputes Across Four Major Metropolitan Zones Under Section 31A https://www.taxtmi.com/highlights?id=87596 The CBIC issued an office order establishing four Interim Boards for Settlement (IBS) in Delhi, Kolkata, Mumbai, and Chennai. Each IBS comprises three members from senior tax and customs leadership positions within their respective zones. The boards will be supported by a Secretary of Additional/Joint Commissioner rank from the Chief Commissioner's Unit, with ministerial staff as deemed necessary by the first member. The order is issued under section 31A of the Central Excise Act, 1944, and aims to operationalize the settlement mechanism across key administrative zones of India. en-us Sat, 19 Apr 2025 19:53:48 +0530 Sat, 19 Apr 2025 19:53:48 +0530 TaxTMI RSS Generator Interim Boards of Settlement Established to Resolve Tax and Customs Disputes Across Four Major Metropolitan Zones Under Section 31A https://www.taxtmi.com/highlights?id=87596 The CBIC issued an office order establishing four Interim Boards for Settlement (IBS) in Delhi, Kolkata, Mumbai, and Chennai. Each IBS comprises three members from senior tax and customs leadership positions within their respective zones. The boards will be supported by a Secretary of Additional/Joint Commissioner rank from the Chief Commissioner's Unit, with ministerial staff as deemed necessary by the first member. The order is issued under section 31A of the Central Excise Act, 1944, and aims to operationalize the settlement mechanism across key administrative zones of India. Highlights Central Excise Sat, 19 Apr 2025 19:53:48 +0530 https://www.taxtmi.com/highlights?id=87596