Indirect tax collections have risen at 15.6 per cent to 2.17 lakh crore rupees in April-September, against the annual target of 27 per cent. This is mainly due to slowdown in economic activity.  The excise duty collection during April-September period totalled 80,000 crore rupees, while customs duty mop up at 77,000 crore rupees, according to sources in the tax department.
The service tax collection was 60,000 crore rupees during the period.

The government has fixed the target of indirect tax collection, comprising customs, excise and service tax, at 5.05 lakh crore rupess for the current fiscal, an increase of about 27 per cent from 2011-12 target.

In September, the tax collection was 22,000 crore rupees, showing a growth of about 19 per cent over the realisation in the same month last fiscal.

Revenue from customs duty totaled 8,000 crore rupees and from excise at 8,110 crore rupees. Service tax collection was 5,890 crore rupees in September.

Meanwhile, the gross direct tax collection during the first six months of 2012-13 worked out to be 2.72 lakh crore rupees, up 5.87 per cent from 2.57 lakh crore rupees in the corresponding period last year.

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September 2021