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Indirect Tax Revenue (Provisional) Collections Increase From Rs. 40,802 Crore in July 2014 to Rs. 56,739 Crore During July 2015 Registering an Increase of 39.1% During the Month of July 2015 Over the Corresponding Period in the Previous Year; Customs Collections Registered an Increase of 23.2 % While Service Tax Collections Registered an Increase of 30.3% During the Same Period 

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.

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