Finance Ministry rules out merger of CBDT, CBIC

New Delhi, July 6

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The government is not considering any proposal to merge the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC), the Finance Ministry said on Monday.

The said merger was one of the recommendations of the Tax Administration Reforms Commission (TARC), headed by Parthasarathi Shome, which submitted its report in 2016.

Reacting to a media report which suggested that a merger of policy making bodies of direct and indirect taxes — CBDT and CBIC— is on cards, the ministry in a statement said, “The government has no proposal to merge the two Boards created under the Central Boards of Revenue Act, 1963.”

The ministry said the report of TARC was examined in detail by the government and this recommendation of TARC was not accepted by the government. — PTI

Recommendation rejected by government

• The said merger was one of the recommendations of the Tax Administration Reforms Commission (TARC), headed by Parthasarathi Shome, which submitted its report in 2016
• The Finance Ministry said the report of Tax Administration Reforms Commission (TARC) was examined in detail by the government and this recommendation of TARC was not accepted by the government