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|
*Exclusive of cess administered by other departments. (Source- PIB)