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 |
|||
B.E. 2014-15 |
2013-14 |
2014-15 |
2013-14 |
2014-15 |
||||
Customs |
201819 |
14064 |
16800 |
19.5 |
98707 |
106123 |
7.5 |
52.6 |
Central Excise* |
205452 |
13974 |
14169 |
1.4 |
89444 |
88330 |
(-) 1.2 |
43.0 |
Service Tax |
215973 |
13252 |
13415 |
1.2 |
81758 |
90673 |
10.9 |
42.0 |
Total |
623244 |
41290 |
44384 |
7.5 |
269909 |
285126 |
5.6 |
45.7 |
*Exclusive of cess administered by other departments.