The cadre restructuring proposal of the Central Board of Excise and Custom (CBEC) was approved by the Cabinet on Thursday. The Indirect Tax wing of the Finance Ministry, consisting of Custom, Excise and Service Tax Department, will get over 18,000 new recruits.
The move is expected to help boost revenue collections, as additional posts will be created.
Out of 18,067 additional posts created, 989 posts will be for Group ‘A’ officials such as Chief Commissioner, Commissioner and Assistant Commissioners. The remaining will be for Group B, C and other category consisting of Superintendents, Inspectors, Havaldars and field staffs. Currently, the sanctioned strength of CBEC is 66,808.
It is expected that the expected expenditure of Rs 450 crore for the restructuring will likely bring more than Rs 25,000 crore of revenue per annum.