Indirect tax collections rise 34.3% in April-November 2015
Indirect Tax Revenue (Provisional) collections have increased from Rs 44475 crore in November 2014 to Rs 55297 crore in November 2015, registering an increase of 24.3%. This is an achievement of 67.8% of the target fixed for BE 2015-16.Central Excise collections have increased from Rs 14551 crore in November 2014 to Rs 23033 crore during November 2015 registering an increase of 58.3%. This is an achievement of 74.8% of the target fixed at BE 2015-16.
Service Tax collections have increased from Rs 12739 crore in November 2014 to Rs 14789 crore in November 2015, registering an increase of 16.1%. This is an achievement of 60.9% of the target fixed at BE 2015-16.
Customs collections have increased from Rs 17185 crore during November 2014 to Rs 17475 crore during November 2015 registering an increase of 1.7%. This is an achievement of 67.2% of the target fixed for BE 2015-16.
Indirect Tax Collection: April- November 2015 B.E. For November Up-to November % of BE achievement2015-16 2014-15 2015-16 % Growth 2014-15 2015-16 % Growth Customs 208336 17185 17475 1.7 122016 139923 14.7 67.2Central Excise* 228157 14551 23033 58.3 102139 170693 67.1 74.8Service Tax 209774 12739 14789 16.1 102118 127675 25 60.9Total 646267 44475 55297 24.3 326273 438291 34.3 67.8 *Exclusive of cess administered by other departments.Powered by Capital Market - Live News