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)
|
Tax Head |
For July |
Up to July |
% of BE achievement |
|||||
|
B.E. 2015-16 |
2014-15 |
2015-16 |
% Growth |
2014-15 |
2015-16 |
% Growth |
||
|
Customs |
208336 |
15419 |
18996 |
23.2 |
54594 |
66076 |
21.0 |
31.7 |
|
Central Excise* |
228157 |
13512 |
22273 |
64.8 |
47579 |
83454 |
75.4 |
36.6 |
|
Service Tax |
209774 |
11871 |
15470 |
30.3 |
50723 |
60925 |
20.1 |
29.0 |
|
Total |
646267 |
40802 |
56739 |
39.1 |
152896 |
210455 |
37.6 |
32.6 |
*Exclusive of cess administered by other departments.
Tags : Income Tax
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