Copy of Central Excise Bill, 2024

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By Taxmann
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Last Updated on 6 June, 2024

NEWS, Dated 05-06-2024

The CBIC has prepared a draft ‘Central Excise Bill, 2024.’ Once enacted, the Bill shall replace the Central Excise Act, 1944. The Bill aims to enact a comprehensive modern central excise law with an emphasis on promoting ease of doing business and repealing old and redundant provisions.

The Bill comprises twelve chapters, 114 (one hundred and fourteen) sections and two schedules. The CBIC has also invited suggestions on the draft ‘Central Excise Bill, 2024’ in pre-defined format from stakeholders by 26th June 2024. The suggestions/comments on the draft Bill in the above format may be sent by email to cx.stwing[at]gov[dot]in in either MS Word (or compatible format) or machine-readable PDF format.

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