Central Excise Day: Know How to Celebrate Central Excise Day! History, Theme, and Significance

Central Excise Day is observed on 24 February every year in India. On this day, the citizens of India get a chance to commemorate the Central Excise and Salt Act, enacted on 24 February 1944. Interestingly, this, among other important days and dates, is not only a tribute to the enactment of important legislation but also a moment to recognize the contributions and services of the Excise Department and CBIC. Let’s learn more about Central Excise Day 2024!

Name of the day	Central Excise Day 2024
Observed on	24 February 2024
Reason	To commemorate the Central Excise and Salt Act

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History

• Central Excise Day is celebrated to commemorate the implementation of the Central Excise and Salt Act enacted on 24 February 1944. 
• The law was enacted with the primary objective of monitoring the production and regulation of salt and other manufactured goods. 
• Additionally, the act also included an act related to the excise duties. 
• Later in the year 1966, the act was renamed as The Central Excise Act 1944. The included rates of the excise duty and other values were included within Schedule 1 and 2 of the act. 
• Initially, the tax duty was levied on 67 items. However, soon the number was increased to 68 with the addition of terror items. 
• Moving on, the Central Excise Act of 1944 was amended in 1985 which led to the introduction of a new act called the Central Excise Tariff Act.

Also Read: How to Become an Income Tax Officer?

Central Excise Day 2024 Theme

Although the day is observed every year on 24 February, there is no such official theme associated with its celebration. Despite that, the day aims to raise awareness about the dedication and hard work of the Excise Department in India. 

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What is the Significance of Central Excise Day?

In India, the observation and celebration of Excise Day holds great significance for numerous reasons such as:

• Historical commemoration: It honors the enactment of the Central Excise and Salt Act which happened on the same date 24 February back in the year in 1944.
• Recognition of Excise Department: The day also offers citizens a perfect opportunity to not only recognize but also appreciate the contribution of the excise department to the overall economic development of the country.
• Raise Awareness: This day also acts as a reminder to raise awareness about the crucial role of excise duties and taxation policies in our country’s economic growth.

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How to Celebrate Central Excise Day?

The Central Board of Excise and Customs is responsible for monitoring and regulating indirect taxes in India. On this day, it organizes numerous events and programs to raise awareness about Excise Day. Here are a few ways to celebrate this day in your unique way:

• Organize awareness programs: The first and foremost thing to do is organize awareness programs, workshops, and webinars to educate people around you. This will help you make an impact from the grassroots level.
• Recognize and appreciate contributions: You can also urge people around you to recognize the efforts and contributions of the Excise Department. 
• Educational Initiatives: If you are working as a professor in colleges or schools, you can inform your students about the essential role of excise duties in shaping the economic framework of our country.
• Content creation: You can also leverage the power of social media to create content around the Excise Day. For instance, you can share success stories of leading examples, share posts, and send SMS to your friends and family.

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5 Quotes on Central Excise Day 

In honoring Central Excise Day, we acknowledge the silent architects of economic progress.

The Excise Department.

Central Excise Day reminds us of the transformative power of taxation in shaping a robust and thriving nation. 

Honouring the legacy of the Central Excise and Salt Act, a beacon in India’s journey towards economic prosperity.

A tribute to the pivotal role of excise duties in shaping India’s fiscal landscape. Happy Central Excise Day!

On this day, we salute the diligence of the Excise Department, in safeguarding economic integrity.

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