Study Team set-up to examine the possibility of a Common Tax Code for Service Tax and Central Excise

As announced by the Union Finance Minister, Shri Pranab Mukherjee in his Budget speech, a Study Team has been set-up by the Government, under the leadership of Shri. M. K. Gupta to examine the possibility of a common tax code for service tax and central excise, which could be adopted to harmonize the two legislations. Shri M K Gupta, a retired IRS officer, is a former vice-Chairman of the Customs and Central Excise Settlement Commission. The Study Team will examine the feasibility and

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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.

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