F. No.297/07/2015-CX.9

Govt. of India

Ministry of Finance

Department of Revenue

(Central Board of Excise and Customs)

New Delhi, the 11th March, 2015

REVISED PRESS RELEASE

OFFICE MEMORANDUM

Please refer to the press release issued by Central Board of Excise and Customs vide O .M. of even no. dt. 11.03.2015 giving details of indirect tax revenue (provisional) collections during April-February 2015, along with growth rate over previous year in Annx. A& B.

Due to inadvertence, the figures under the column “ % growth” has been wrongly calculated. The revised Press Release is enclosed herewith for necessary action.

Encls: As above

Sd/-
(Akhil Kumar Khatri)
Official Spokesperson [CBEC]
Phone No. 011- 2309 3667

Annx. ‘A’

CBEC PRESS RELEASE DATED 11.03.2015

Details of Indirect Tax revenue (provisional) collections during April-February 2015, along with growth rate compared to the corresponding period in the previous year.

For the period April – February 2015

Rs. in crores

Tax Head For the month %
Growth
Upto the month %
growth
% of RE achieved
R.E.
2014-15
2013-14 2014-15 2013-14 2014-15
Customs 188713 15109 15695 3.9 157944 170943 8.2 90.6
Central Excise* 183858 16213 22123 36.5 149420 162680 8.9 88.5
Service Tax 168132 12221 12646 3.5 134201 145007 8.1 86.2
Total 540703 43543 50464 15.9 441565 478630 8.4 88.5

*Exclusive of cess administered by other departments.

ANNX. ‘B’

Summary of Revenue Collection upto February 2015

Indirect Tax Revenue (Provisional) Collections Increase from Rs. 441565 crore in April-February 2014 to Rs. 478630 crore during April-February 2015, thus registering an Increase of 8.4% during April-February 2015 over the corresponding period in the Previous Year.

Indirect Tax Revenue (Provisional) collections have increased from Rs 441565 crore in April-February 2014 to Rs. 478630 crore during April-February 2015. Thus an increase of 8.4 % has been registered during April-February 2015 over the corresponding period in the previous year. This is an achievement of 88.5 % of the revised target fixed for RE 2014-15.

Customs collections have increased from Rs. 157944 crore during April-February 2014 to Rs. 170943 crore during April-February 2015 registering an increase of 8.2%. This is an achievement of 90.6% of the revised target fixed for 2014-15.

Service Tax collections have increased from Rs. 134201 crore in April-February 2014 to Rs. 145007 crore during April-February 2015 registering an increase of 8.1 %. This is an achievement of 86.2 % of the revised target fixed for 2014-15.

Central Excise collections have increased from Rs. 149420 crore in April-February 2014 to Rs. 162680 crore during April-February 2015 registering an increase of 8.9%. This is an achievement of 88.5 % of the revised target fixed for 2014-15.

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Category : Excise Duty (4040)
Type : News (12471)
Tags : tax collection (120)

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