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CBDT and CBIC sign MoU for data exchange

By IndianMandarins- 22 Jul 2020
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An MoU was signed between the CBDT and the CBIC for data exchange between the two organisations. The MoU was signed by Pramod Chandra Mody Chairman CBDT and M Ajit Kumar Chairman CBIC in the presence of senior officers from both the organizations.

This MoU supersedes the MoU signed between CBDT and the erstwhile Central Board of Excise and Customs (CBEC) in the year 2015. Significant developments have taken place since the signing of earlier MoU in 2015 including the introduction of GST, incorporation of GSTN and change in the nomenclature of Central Board of Excise and Customs (CBEC) to Central Board of Indirect Taxes and Customs (CBIC). Changed circumstances, including advancements in technology are duly incorporated in the signed MoU.

This MoU will facilitate the sharing of data and information between CBDT and CBIC on an automatic and regular basis. In addition to regular exchange of data, CBDT and CBIC will also exchange with each other, on request and spontaneous basis, any information available in their respective databases which may have utility for the other organization.

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