Overall indirect tax collection up 36% in April-September 2015
Indirect Tax Revenue (Provisional) collections have increased from Rs 46,224 crore in September 2014 to Rs 61,284 crore during September- 2015. Thus an increase of 32.6% has been registered during September - 2015 over the corresponding period in the previous year. This is an achievement of 50.6% of the target fixed for BE 2015-16.Central Excise collections have increased from Rs 13,356 crore in September 2014 to Rs 22,489 crore during September 2015 thus registering an increase of 68.4%. This is an achievement of 55.0% of the target fixed at BE 2015-16.
Service Tax collections have increased from Rs 15,158 crore in September 2014 to Rs 20,483 crore during September 2015 registering an increase of 35.1%. This is an achievement of 45.5% of the target fixed at BE 2015-16.
Customs collections have increased from Rs 17,710 crore in September 2014 to Rs 18,312 crore during September 2015 registering an increase of 3.4%. This is an achievement of 49.7% of the target fixed for BE 2015-16.
Indirect Tax revenue (provisional) collections (Rs in crore) B.E. 2015-16 September April-September % of BE achievement2014-15 2015-16 % Growth 2014-15 2015-16 % GrowthCustoms 208336 17710 18312 3.4 88031 103450 17.5 49.7Central Excise 228157 13356 22489 68.4 74019 125530 69.6 55Service Tax 209774 15158 20483 35.1 76851 95493 24.3 45.5Total 646267 46224 61284 32.6 238901 324473 35.8 50.2Powered by Capital Market - Live News