Indirect Tax Revenue (Provisional) Collections Increase from Rs. 3,98,238 Crore in April-January 2014 to Rs. 4,27,822 Crore During April-January 2015;

Registering an Increase of 7.4% During April-January 2015 Over the Corresponding Period in the Previous Year; Customs Collections Increase by 8.7 % While Service Tax Collections Increase by 8.3 % During the Same Period. 

 Indirect Tax Revenue (Provisional) Collections Increase from Rs. 3,98,238 Crore in April-January 2014 to Rs. 4,27,822 Crore during April-January 2015, thus registering an Increase of 7.4% during April-January 2015 over the corresponding period in the Previous Year.

Indirect Tax Revenue (Provisional) collections have increased from Rs 3,98,238 crore in April-January 2014 to Rs. 4,27,822 crore during April-January 2015. Thus an increase of 7.4% has been registered during April-January 2015 over the corresponding period in the previous year. This is an achievement of 68.6 % of the target fixed for BE 2014-15.

Customs collections have increased from Rs.1,42,835 crore during April-January 2014 to Rs.1,55,248 crore during April-January 2015 registering an increase of 8.7%. This is an achievement of 76.9% of the target fixed for BE 2014-15.

Service Tax collections have increased from Rs.1,22,196 crore in April-January 2014 to Rs. 1,32,290 crore during April-January 2015 registering an increase of 8.3%. This is an achievement of 61.3% of the target fixed at BE 2014-15.

Central Excise collections have increased from Rs. 1, 33,207 crore in April-January 2014 to Rs. 1,40,284 crore during April-January 2015 registering an increase of 5.3%.  This amounts to an achievement of 68.3% of the target fixed at BE 2014-15.

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

For the period April – January 2015

(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
16550
16718
1.0
142835
155248
8.7
76.9
Central Excise*
205452
15330
20755
35.4
133207
140284
5.3
68.3
Service Tax
215973
12309
13086
6.3
122196
132290
8.3
61.3
Total
623244
44189
50559
14.4
398238
427822
7.4
68.6

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

More Under Excise Duty

Posted Under

Category : Excise Duty (4159)
Type : News (13853)
Tags : tax collection (138)

Leave a Reply

Your email address will not be published. Required fields are marked *