Institute of Cost and Works Accountants of India Signs Mou With the Central Board of Excise and Customs

The Cost Accountant members of the Institute of Cost and Works Accountants of India (ICWAI) will now be able to set up ACES Certified Filing Centres (CFCs) across the country. A Memorandum of Understanding (MOU) to this effect has been signed between ICWAI and Central Board of Excise & Customs (CBEC). These CFCs would be set up and operated by the Members of ICWAI, who have valid certificate of practice issued by the Institute.
This initiative was taken up by ICWAI to provide services to the taxpayers who may not have requisite IT infrastructure/ resources to use Automation of Central Excise and Service (ACES). These services will also be beneficial to the industry as they will end the necessity to visit the office of CBEC for Registration, Returns, etc.
As per the MOU, these services will be available on payment of prescribed service charges for various services such as digitization of paper documents and on-line filing/ uploading of documents.

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.