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Excise Duty

Indirect Tax Collections Grows by 45.9 Per Cent During April – August 2010

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Indirect tax collections from Customs, Central Excise and Service Tax at all India level has increased more than 45% during April-August, 2010 compared to its corresponding period, i.e. April- August, 2009. Total Revenue Collections were Rs. 124170 crore during this period i.e. April-August 2010.

Revenue collections from Customs during this period was Rs. 51866 crore, i.e. 66.5% more than the collections during corresponding period in previous year.

Revenue collections from Central Excise have increased to Rs. 49672 croe during April-August, 2010 i.e. 41.7% more over previous year during April-August, 2009.

Similarly, revenue collections from Service Tax during April-August 2010 wadrs Rs. 22632 crore i.e. 19.8% more than the revenue collections during the corresponding period (April-August, 2009) in previous year

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