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

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Capital Market
Last Updated : May 14 2015 | 12:01 AM IST
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:.

Tax Head For April % Growth % of BE achieved B.E. 2015-16 2014-15 2015-16Customs 208336 11555 14286 23.6 6.9Central Excise* 228157 8655 18373 112.3 8.1Service Tax 209774 12451 15088 21.2 7.2Total 646267 32661 47747 46.2 7.4*Exclusive of cess administered by other departments. In Rs crore

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First Published: May 13 2015 | 11:49 AM IST

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