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December 13, 2017

Indirect Tax, Customs, Central Excise, Service Tax collections rise during Q1-Q3, 2015


Newsroom24x7 Desk

taxNew Delhi: Provisional figures released by the Government today show Indirect Tax Revenue collections have increased from Rs 3,98,238 crore in April 2013-January 2014 to Rs. 4,27,822 crore during April 2014-January 2015. This shows an increase of 7.4% during April-January 2015 over the corresponding period in the previous fiscal.

Similarly Customs collections have also gone upfrom 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%.

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%.

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%.

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 2013– 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.

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