Press Information Bureau
Government of India
Ministry of Finance
09-October-2015
Indirect Tax Revenue (Provisional) Collections Increase to Rs. 61,284 crore in September 2015 from Rs. 46,224 crore in Spetember 2014 ; Thus an Increase of 32.6% has been Registered in Collections During September 2015 over the Corresponding Period in the Previous Year
Indirect Tax Revenue (Provisional) collections have increased from Rs 46,224 crore in September 2014 to Rs. 61,284 crore during September- 2015. Thus an increase of 32.6% has been registered during September – 2015 over the corresponding period in the previous year. This is an achievement of 50.6% of the target fixed for BE 2015-16.
Central Excise collections have increased from Rs. 13,356 crore in September 2014 to Rs. 22,489 crore during September 2015 thus registering an increase of 68.4%. This is an achievement of 55.0% of the target fixed at BE 2015-16.
Service Tax collections have increased from Rs. 15,158 crore in September 2014 to Rs. 20,483 crore during September 2015 registering an increase of 35.1%. This is an achievement of 45.5% of the target fixed at BE 2015-16.
Customs collections have increased from Rs.17,710 crore in September 2014 to Rs. 18,312 crore during September 2015 registering an increase of 3.4%. This is an achievement of 49.7% of the target fixed for BE 2015-16.
Details of Indirect Tax revenue (provisional) collections during the month September 2015, along with growth rate compared to the corresponding period in the previous year.
For the month September 2015
(Rs. in crores)
| Tax Head | For September | Upto September | % of BE achievement | |||||
| B.E.
2015-16 |
2014-15 | 2015-16 | % Growth | 2014-15 | 2015-16 | % Growth | ||
|
Customs |
208336
|
17710 |
18312 |
3.4 |
88031 |
103450 |
17.5 |
49.7 |
| Central Excise* |
228157
|
13356 |
22489 |
68.4 |
74019 |
125530 |
69.6 |
55.0 |
| Service Tax |
209774
|
15158 |
20483 |
35.1 |
76851 |
95493 |
24.3 |
45.5 |
|
Total |
646267
|
46224 |
61284 |
32.6 |
238901 |
324473 |
35.8 |
50.2 |
*Exclusive of cess administered by other departments.
calculation of VAT or ST not taken into consideration.Why is it so?