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Date: 2026-02-12 Category: Press Release State: Union Government Country: India

Central Board of Indirect Taxes & Customs organises post-Budget interactive session with stakeholders in Mumbai today

Issued by Ministry of Finance · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The Central Board of Indirect Taxes and Customs (CBIC) held a post-Budget interactive session with stakeholders in Mumbai on February 12, 2026. The purpose of the session was to discuss newly introduced reforms announced in the Union Budget 2026-27, focusing on trust-based governance in Indirect Taxes and simplification of Customs processes. FAQs have been released by CBIC on the official website at https://www.cbic.gov.in. **Key Points / Main Content** * **Interactive Session Overview** * CBIC organized the session with representatives from Trade Associations, Chambers of Commerce, Exporters, Importers, Custodians, Customs Brokers, and Logistics Service Providers. * The session took place at New Custom House, Mumbai. * It was presided over by Shri Vivek Chaturvedi, Chairman, CBIC, and Shri Yogendra Garg, Member (IT, Taxpayer Services & Technology), CBIC. * **Discussion Topics** * Shri Chaturvedi elaborated on newly-introduced reforms in the Union Budget 2026–27, emphasizing trust-based governance in Indirect Taxes. * The reforms aim to contribute to the government's vision and simplify Customs processes. * Shri Garg highlighted the benefits of a single integrated digital ecosystem connecting all export-import stakeholders and government agencies. * This aims to enable faster clearances, better business planning, and strengthen Make in India. * **Public Facilitation** * FAQs related to these initiatives have been released by CBIC and are available on their official website. * The interaction addressed doubts from trade and industry stakeholders. * **Internal Sensitization** * Shri Chaturvedi interacted with officers and staff working in Mumbai Customs, Airport, Courier Terminal, and CGST. * The purpose was to sensitize them regarding the efficient implementation of reform initiatives and enhance the ease of doing business. **Impact Analysis** **Stakeholder:** Trade Associations, Chambers of Commerce, Exporters, Importers, Custodians, Customs Brokers, Logistics Service Providers **Impact:** * Enhanced understanding of the newly-introduced reforms in Indirect Taxes and Customs. * Improved awareness of the government's vision and the simplification of Customs processes. * Gained insights into the benefits of a single integrated digital ecosystem for trade. **Action Required:** * Review the FAQs released by CBIC on their website for clarity on the initiatives. * Align business practices with the new reforms for efficient operations. **Stakeholder:** CBIC Officers and Staff **Impact:** * Increased awareness and understanding of the reform initiatives. * Enhanced ability to implement the reforms efficiently. **Action Required:** * Ensure proper implementation of reform initiatives. * Contribute to the enhancement of ease of doing business.

Key Entities Referenced

Central Board of Indirect Taxes & Customs (CBIC): The main organizer and focus of the interactive session. Union Budget 2026-27: The budget under discussion, particularly its implications for indirect taxes and customs. Mumbai: Location where the post-Budget interactive session with stakeholders took place.
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Ministry of Finance Central Board of Indirect Taxes & Customs organises post-Budget interactive session with stakeholders in Mumbai today Posted On: 12 FEB 2026 7:00PM by PIB Delhi The Central Board of Indirect Taxes and Customs (CBIC) organised an interactive session with representatives of Trade Associations, Chambers of Commerce, Exporters, Importers, Custodians, Customs Brokers, Logistics Service Providers, at New Custom House, Mumbai. The event was presided over by Shri Vivek Chaturvedi, Chairman, CBIC; and Shri Yogendra Garg, Member (IT, Taxpayer Services & Technology), CBIC. Pr. Chief Commissioners of Mumbai Customs and GST, Joint Secretary (Customs), Commissioner (Customs & Export Promotion) and Commissioner, GST Policy Wing were also present along with other senior officers of the Department. In his address, Shri Chaturvedi elaborated how the newly-introduced reforms, which emphasise trust- based governance in Indirect Taxes, announced in the Union Budget 2026–27, will contribute to the vision of the Government. He clarified the intricacies of the Budgetary policy changes and explained how the Customs is working towards simplification of Customs processes.In his address, Shri Garg highlighted the benefits of a single integrated digital ecosystem connecting all export-import stakeholders, including other participating government agencies, to enable faster clearances, better business planning and strengthen Make in India. Joint Secretary (Customs) informed that for public facilitation and for ease of understanding these initiatives, FAQs have been released by CBIC and are posted on the official website at https://www.cbic.gov.in. The interaction with stakeholders was aimed at addressing the doubts of trade and industry and was followed by an interaction with media persons.Shri Chaturvedi also held an interaction with the officers and staff working at the cutting edge level in Mumbai Customs, Airport, Courier Terminal and CGST to sensitise them regarding efficient implementation of reform initiatives and to enhance the ease of doing business for the trade and industry. **** NB/KMN (Release ID: 2227200) Visitor Counter : 215 Read this release in: Urdu , Marathi , ही

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