Every year on February 24, Central Excise Day is observed to honor the establishment of the Central Excise and Salt Act, 1944. This day pays tribute to the contributions of the Central Board of Indirect Taxes and Customs (CBIC) and its personnel in ensuring effective tax administration, fighting corruption, and aiding India’s economic progress. It emphasizes the role of excise duty as a key source of government revenue, which supports essential public welfare programs like education and healthcare.
History and Significance
- The Central Excise and Salt Act was enacted on February 24, 1944, consolidating 11 excise-related Acts into a single law.
- It laid the foundation for modern excise taxation in India.
Theme for Central Excise Day 2025
- The official theme for Central Excise Day 2025 has not yet been announced.
