Indirect Tax Revenue (Provisional) Collections Increase from Rs. 32,661 Crore in April 2014 to Rs. 47,747 Crore During April 2015

Indirect Tax Revenue (Provisional) Collections Increase from Rs. 32,661 Crore in April 2014 to Rs. 47,747 Crore During April 2015;

An Increase of 46.2% Registered During the month of April 2015 Over the Corresponding Period in the Previous Year;

Customs Collections Registered an Increase of 23.6% while Service Tax Collections Registered an Increase of 21.2% During the Same Period

Indirect Tax Revenue (Provisional) Collections increase from Rs. 32,661 Crore in April, 2014 to Rs.47,747 Crore during April 2015, thus registering an Increase of 46.2% during the month of April 2015 over the corresponding period in the previous year. This is an achievement of 7.4 % of the target fixed for BE 2015-16.

Central Excise collections have increased from Rs. 8,655 crore in April, 2014 to Rs. 18,373 crore during April, 2015 registering an increase of 112.3 %.  This is an achievement of 8.1% of the target fixed at BE 2015-16.

Customs collections have increased from Rs.11,555 crore during April, 2014 to Rs.14,286 crore during April, 2015 registering an increase of  23.6  %. This is an achievement of 6.9 % of the target fixed for BE 2015-16.

Service Tax collections have increased from Rs. 12,451 crore in April, 2014 to Rs. 15,088 crore during April, 2015 registering an increase of 21.2 %. This is an achievement of 7.2 % of the target fixed at BE 2015-16.

Details of Indirect Tax revenue (provisional) collections during the month April 2015, along with growth rate compared to the corresponding period in the previous year are as follows:.

(Rs. in crores)

Tax Head   For April % Growth % of BE achieved
B.E.

2015-16

2014-15 2015-16
 

Customs

 

208336

 

 

11555

 

14286

 

23.6

 

6.9

Central Excise*  

228157

 

 

8655

 

18373

 

112.3

 

8.1

Service Tax  

209774

 

 

12451

 

15088

 

21.2

 

7.2

 

Total

 

646267

 

 

32661

 

47747

 

46.2

 

7.4

 

*Exclusive of cess administered by other departments.

(Source: Press Information Bureau)

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