GST switchover: Renaming CBEC as CBIC may take a while

Rechristening the Central Board of Excise and Customs (CBEC) may not come about immediately as the revenue department may introduce amendments to at least five Acts only in the upcoming monsoon session next month. With excise duty alongside nearly a dozen other central and state levies being taken over by the Goods and Services Tax (GST), the ambit of the CBEC is set to change and widen. So far, i…