Indirect Tax Revenue (Provisional) Collections Increase from Rs.3,06,814 Crore in April-November 2013 to Rs. 3,28,662 Crore During April-November 2014; Registering an Increase of 7.1% during April-November 2014 Over the Corresponding Period in the Previous Year; Service Tax Collections Increase by 11.5% During the Same Period
Indirect Tax Revenue (Provisional) collections have increased from Rs 3,06,814 crore in April-November 2013 to Rs. 3,28,662 crore during April-November 2014. Thus an increase of 7.1% has been registered during April-November 2014 over the corresponding period in the previous year.
Service Tax collections have increased from Rs. 91,982 crore in April-November 2013 to Rs.1,02,592 crore during April-November 2014 registering an increase of 11.5%. This amounts to an achievement of 47.5 % of the target fixed at BE 2014-15.
Collections from Customs increased from Rs.1,11,844 crore during April-November 2013 to Rs. 1,23,308 crore during April-November 2014 registering an increase of 10.2%. This is an achievement of 61.1% of the target fixed at BE 2014-15.
Details of Indirect Tax revenue (provisional) collections during April-November 2014, along with growth rate compared to the corresponding period in the previous year.
For the period April – November 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
|
13137 | 17185 | 30.8 | 111844 | 123308 | 10.2 | 61.1 |
| Central Excise* | 205452
|
13544 | 14952 | 10.4 | 102988 | 102762 | (-) 0.2 | 50.0 |
| Service Tax | 215973
|
10224 | 11923 | 16.6 | 91982 | 102592 | 11.5 | 47.5 |
| Total | 623244
|
36905 | 44060 | 19.4 | 306814 | 328662 | 7.1 | 52.7 |
*Exclusive of cess administered by other departments. (Source- PIB)
