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Central Excise Day 2026 - February 24
February 28 , 2026
17 hrs 0 min
17
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- It commemorates the Central Excise and Salt Act enacted on 24 February 1944, which unified 11 excise laws into one framework.
- Central Excise is an indirect tax levied on goods manufactured in India.
- After the introduction of Goods and Services Tax (GST) in 2017, excise duty continues mainly on petroleum and tobacco products.
- The Central Board of Indirect Taxes and Customs (CBIC) administers Central Excise, Customs, and Central Goods and Services Tax (CGST).
- The CBIC functions under the Department of Revenue, Ministry of Finance.
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