Vivek Johri appointed as CBIC chairman

• Vivek Johri, a veteran official, has been named Chairman of the Central Board of Indirect Taxes and Customs by the government (CBIC).
• Vivek Johri, an Indian Revenue Service (Customs and Indirect Taxes) officer from the 1985 batch, is now serving on the board as a member.
• He succeeds M. Ajit Kumar, who will leave the office at the end of the month.

Important Takeaways

About CBIC

• CBIC: Central Board of Indirect Taxes and Customs
• Founded: 1 January 1964
• The Central Board of Indirect Taxes and Customs (formerly the Central Board of Excise and Customs) is a division of the Ministry of Finance's Department of Revenue. It is responsible for the formulation of policy regarding the levy and collection of Customs, Central Excise duties, Central Goods and Services Tax, and IGST, as well as the prevention of smuggling and administration of matters relating to Customs, Central Excise, Central Goods and Services Tax, IGST, and Narcotics to the extent that they fall under the purview of the CBIC.