NACIN, National Academy of Direct Taxes sign MoU for sharing resources

NACIN and NADT mutually recognise the value of collaboration in sharing resources, such as best practices, expert faculty, training materials, and innovative technologies.

The National Academy of Customs, Indirect Taxes and Narcotics (NACIN) and the National Academy of Direct Taxes (NADT) today signed a Memorandum of Understanding (MoU) for sharing resources, such as best practices, expert faculty, training materials and innovative technologies.

The MoU was signed by Shri Jayant Diddi, Principal Director General (Trg.), NADT, and Dr. K.N. Raghavan, Director General, NACIN. Member Administration CBDT Shri Ravi Agrawal, Member (Administration and Vigilance), CBIC, Shri Alok Shukla, ADG, NACIN, Shri Ramesh Chander and other senior officers from both academies were also present.

NACIN and NADT mutually recognise the value of collaboration in sharing resources, such as best practices, expert faculty, training materials, and innovative technologies. This collaboration is keenly focused on areas of shared interest including taxation, law and legal systems, commercial and procedural laws, economic and administrative law, collaborative efforts, including sharing of resources and pedagogies in cutting edge Investigation Techniques such as Data Analysis, Dark Web Exploration and Risk Management and ethics fall within ambit of this MoU.

The MoU will facilitate both the Central Training Institutes to establish cooperation in sharing resources and best practices for the mutual benefit of officers from CBIC and CBDT and carries provision for reciprocal training programmes for officers of both services including a structured attachment of officer trainees.

Central Board of Indirect Taxes and Customs (CBIC) and Central Board of Direct Taxes (CBDT) had signed a MoU on sharing of data in July 2020. Considering the dynamic nature of trade, there is a need for knowledge-sharing and capacity-building among the officers of two organisations. Current MoU would build up on the training needs of officers and focus on synergies for better revenue administration.

(With Inputs from PIB)