Indirect Tax Provisional Revenue Collection Increases by 39.1%

Indirect Tax Revenue (Provisional) collections have increased from Rs 40,802 crore in July, 2014 to Rs. 56,739 crore during July, 2015. Thus an increase of 39.1% has been registered during July-2015 over the corresponding period in the previous year. This is an achievement of 32.6 % of the target fixed for BE 2015-16 i.e. Rs. 646267 crore.

Central Excise collections have increased from Rs. 13,512 crore in July-2014 to Rs. 22,273 crore during July-2015 and thus registering an increase of 64.8 %.  This is an achievement of 36.6% of the target fixed at BE 2015-16.

Service Tax collections have increased from Rs.11,871 crore in July 2014 to Rs. 15,470 crore during July 2015 and thus registering an increase of 30.3 %. This is an achievement of 29.0 % of the target fixed at BE 2015-16.

Customs collections have increased from Rs.15,419 crore during July 2014 to Rs. 18,996 crore during July 2015 and thereby, registering an increase of  23.2  %. This is an achievement of 31.7 % of the target fixed for BE 2015-16.

Details of Indirect Tax revenue (provisional) collections during the month of July 2015, along with growth rate compared to the corresponding period in the previous year are as under:

For the month July 2015

(Rs. in crores)

*Exclusive of cess administered by other departments.