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April-July indirect tax collections up 46%

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 4:14 AM IST

Indirect tax collection during the first four months of the current fiscal shot up by 46.2 per cent to Rs 96,223 crore mainly driven by robust growth in customs collections.

"Customs, central excise and service tax revenue collections have increased by 46.2 per cent at all India level during April-July 2010," the Ministry of Finance said in a statement today.

"There was maximum growth in customs collections which increased more than 70 per cent during this period," it said.

Revenue collection from customs during the four month period stood at Rs 41,545 crore, a rise of 70.8 per cent when compared to the corresponding period last fiscal.

It was followed by 42.8 per cent rise in central excise collections at Rs 38,260 crore during the period.

Service tax collections rose to Rs 16,418 crore in the fiscal till July, an increase of 11.8 per cent over the year-ago period.

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First Published: Aug 12 2010 | 8:39 PM IST

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