The Chairman of the Central Board of Indirect Taxes & Customs (CBIC) issued a newsletter on May 6, 2024, highlighting significant achievements and updates within the department.
Firstly, the newsletter celebrates the record-breaking Goods and Services Tax (GST) collections of April 2024, amounting to 2.10 lakh Crore. This achievement is attributed to the combined efforts of both the central and state tax administrations, showcasing remarkable tax buoyancy fueled by economic growth and efficient tax administration. The Union Finance Minister praised the dedication and hard work of tax officers and taxpayers, emphasizing the importance of collaborative efforts for such success.
The newsletter also acknowledges the launch of the 4th edition of the e-Compendium of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) case laws in favor of revenue by the Chief Commissioner (AR) office in New Delhi. This searchable document, available on the CBIC website, serves as a valuable resource for officers in their work.
In terms of enforcement actions, the newsletter highlights a significant seizure by Customs officers at the Foreign Post Office in Delhi. They intercepted 2.85 Kg of MDMA tablets valued at Rs 1.43 crore in the illicit market, cleverly concealed within parcels containing clothes. This successful interception underscores the vigilance of Customs officers in combating smuggling activities.
Additionally, the newsletter extends best wishes to Sh. Sanjay Pant, an officer of the 1990 batch, on his retirement. Apart from his diligent handling of departmental responsibilities, Pant’s amiable personality and musical talents are acknowledged and appreciated. His contribution to the department serves as an inspiration to his colleagues, and he is wished a healthy and fulfilling retirement.
In closing, the Chairman expresses gratitude to all officers and staff of the CBIC for their ongoing dedication and commitment to their roles. The newsletter concludes with anticipation for the next week’s updates and developments.
Overall, the newsletter highlights the department’s achievements, enforcement actions, and personnel acknowledgments, reflecting a commitment to excellence in tax administration and enforcement.
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Weekly newsletter from Chairman, CBIC dated 06/05/2024
Government of India
Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes & Customs
06th May, 2024
DO No. 19/NewsLetter/CH(IC)/ 2024
Dear Colleague,
The record GST collections for April 2024, at 2.10 lakh Crore, drew national attention and praise, and rightly so! The numbers point towards excellent tax buoyancy attributable to growth in the economy as well as efficiency in tax administration. Hon’ble Union Finance Minister has openly praised the officers of both the Centre and the States towards this remarkable achievement. The renowned American inventor Thomas Edison once famously said, “Genius is one percent inspiration and ninety-nine percent perspiration”. I truly believe that the dedication, diligence and hard work of CBIC and the States – in unison – exemplify this statement. At the same time, I must also thank the taxpayers who have kept their faith in the system and the tax consultants who have helped them in voluntary compliance with the GST provisions.
Last week, the office of Chief Commissioner (AR), New Delhi launched the 4th edition of e-Compendium of CESTAT case laws in favour of revenue. The e-Compendium is available on the CBIC website and is a searchable document for the benefit of the officers. My compliments to the team for bringing out this document after a lot of hard work!
In terms of enforcement actions, I noticed that the Customs officers of the Foreign Post Office, Delhi seized 2.85 Kg of MDMA tablets valued at Rs 1.43 crore in the illicit market. The drugs were concealed in two parcels containing clothes in the side walls of the cardboard box of one parcel and with clothes in the other. Despite the challenges, such cases give out an important message that the parcels are being monitored closely to detect smuggling. A fine effort by the officers of Delhi Customs!
Before I close for this week, on behalf of the Board and the Department, I wish a healthy and enjoyable superannuated life to Sh. Sanjay Pant, an officer of the 1990 batch. Beyond the Departmental work that you handled so diligently and deftly, your pleasing personality and melodious voice will always continue to inspire the officers who had the opportunity to work with you. My best wishes to your journey ahead!
Until next week!
Yours sincerely,
(Sanjay Kumar Agarwal)
All Officers and Staff of the Central Board of Indirect Taxes 86 Customs.
