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Indirect tax revenue collections up 7.1% in April-November 2014

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Capital Market

Service tax collections increases 11.5% in April-November 2014

Indirect Tax Revenue (Provisional) collections have increased from Rs 306814 crore in April-November 2013 to Rs 328662 crore in April-November 2014, while recording an increase of 7.1% over the corresponding period in the previous year.

Service Tax collections have increased from Rs 91982 crore in April-November 2013 to Rs 102592 crore in April-November 2014, registering an increase of 11.5%. This amount to an achievement of 47.5 % of the target fixed at BE 2014-15.

Collections from Customs increased from Rs 111844 crore in April-November 2013 to Rs 123308 crore in April-November 2014, registering an increase of 10.2%. This is an achievement of 61.1% of the target fixed at BE 2014-15.

 

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First Published: Dec 11 2014 | 8:15 PM IST

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