Indirect Tax Revenue (Provisional) Collections Increase from Rs 2,69,909 Crore in April-October 2013 to Rs.2,85,126 Crore During April-October 2014; Registering an Increase of 5.6% During April-October 2014 over the Corresponding Period in the Previous Year; Service Tax Collections Increase by 10.9% During the Same Period
Indirect Tax Revenue (Provisional) collections have increased from Rs 2,69,909 crore in April-October 2013 to Rs.2,85,126 crore during April-October 2014. Thus an increase of 5.6 % has been registered during April-October 2014 over the corresponding period in the previous year. This is an overall achievement of 45.7% of the target fixed at BE 2014-15.
Service Tax collections have increased from Rs.81,758 crore in April-October 2013 to Rs. 90,673 crore during April-October 2014 registering an increase of 10.9%. This amounts to an achievement of 42.0 % of the target fixed at BE 2014-15.
Collections from Customs increased from Rs.98.707 crore during April-October 2013 to Rs.1,06.123 crore during April-October 2014 registering an increase of 7.5%. This is an achievement of 52.6% of the target fixed at BE 2014-15
Details of Indirect Tax Revenue (Provisional) Collections during April-October 2014, along with growth rate compared to the corresponding period in the previous year are as follows:.
For the period April – October 2014
(Rs. in crores)
|Tax Head||For the month||% Growth||Upto the month||% growth||% of BE achieved|
*Exclusive of cess administered by other departments.