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Excise Duty

Indirect Tax Collections up 42.8 Percent During April –December, 2010 75.7 Percent of Budget Estimates Achieved

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Indirect tax collections registered a growth of 42.8 per cent during April-December, 2010 which is 75.7 per cent of the Budget Estimates for the fiscal 2010-11.crore customs collections increased 68.1 per cent and covered 86.8 per cent of total Budget Estimates.  Central excise collection was Rs. 93281 crore, registering a growth of 33.7 per cent which was 71.5 per cent of Budget Estimates for the fiscal.   With 44081 crore service tax collections registered a growth of 19.2 per cent and achieved 64.8 per cent of Budget Estimates for the current financial year.

Customs, Central Excise and Service Tax Revenue (Provisional) collection during April- December, 2010 along with comparative data for the corresponding period of previous year and growth rate over previous year are given below:

(In Rs. crore)

Head B.E Revenue collection during April- December % growth during April- December

% BE

achieved

2010-11 2009-10 2010-11 2010-11 2009-10 2010-11
Customs 115000 59402 99830 68.1 60.6 86.8
Central Excise 130471 69747 93281 33.7 66.4 71.5
Service Tax 68000 36984 44081 19.2 56.9 64.8
Total 313471 166133 237192 42.8 62.0 75.7

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