Indirect Tax Revenue (Provisional) Collections Increase from Rs 1,48,588 Crore in April-July 2013 to Rs.1,54,350 Crore During April-July 2014; Registering an Increase of 3.9% During April-July 2014 over the Corresponding Period in the Previous Year; Service Tax Collections Increase by 16.4% during the Same Period 

Indirect Tax Revenue (Provisional) collections have increased from Rs 1,48,588 crore in April-July 2013 to Rs.1,54,350 crore during April-July 2014. Thus an increase of 3.9% has been registered during April-July 2014 over the corresponding period in the previous year.  Service Tax collections have increased from Rs.43,693 crore in April-July 2013 to Rs. 50,850 crore during April-July 2014 registering an increase of 16.4%.

Details of Indirect Tax Revenue (Provisional) Collections during April-July 2014, along with growth rate compared to the corresponding period in the previous year are as follows:.

For the period April – July 2014

(Rs. in crores)

Tax Head   For the month % Growth Upto the month % growth % of BE achieved
B.E.

2014-15

2013-14 2014-15 2013-14 2014-15
Customs 201819

 

15730 15756 0.2 56526 55305 (-) 2.2 27.4
Central Excise* 205452

 

13143 14127 7.5 48369 48195 (-) 0.4 23.5
Service Tax 215973

 

 

11076 12007 8.4 43693 50850 16.4 23.5
Total 6,23,244

 

39,949 41,890 4.9 148588 154350 3.9 24.8

*Exclusive of cess administered by other departments.

More Under Excise Duty

Posted Under

Category : Excise Duty (4040)
Type : News (12474)
Tags : tax collection (120)

0 responses to “Indirect Tax Collection During April-July 2014 increases by 3.9%”

  1. O P Gupta says:

    We will have to wait for Govt orders in this regard.

Leave a Reply

Your email address will not be published. Required fields are marked *