Indirect Tax Revenue (Provisional) Collections During April-June 2014 Increase from Rs 1,08,639 Crore to Rs.1,13,570 Crore Registering an Increase of 4.5 % over the Corresponding Period in last Financial Year
The overall growth in Indirect Tax Revenue (Provisional) Collections during the first quarter of current fiscal year i.e. April-June 2014 have increased from Rs. 1,08,639 crore to Rs.1,13,570 crore registering an increase of 4.5 % over the corresponding period (April –June 2013) in last financial year. Service Tax collections alone during April-June 2014 have increased from Rs.32,617 crore (April –June 2013) to Rs 38,862 crore (April-June, 2014).
Details of overall Indirect Tax revenue (provisional) collections during April-June 2014, along with growth rate compared to the corresponding period in the previous year are as follows:
For the period April – June 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 |
13494 |
14308 |
6.0 |
40796 |
39549 |
(-) 3.1 |
19.6 |
Central Excise* |
205452 |
13566 |
14666 |
8.1 |
35226 |
35159 |
(-) 0.2 |
17.1 |
Service Tax |
215973 |
12025 |
15382 |
27.9 |
32617 |
38862 |
19.1 |
18.0 |
Total |
623244 |
39085 |
44356 |
13.5 |
108639 |
113570 |
4.5 |
18.2 |
*Exclusive of cess administered by other departments.