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Indirect Tax Revenue increase to Rs. 4,27,822 Crore in 2015

Posted on 13 February 2015,    
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Indirect Tax Revenue (Provisional) Collections Increase from Rs. 3,98,238 Crore in April-January 2014 to Rs. 4,27,822 Crore During April-January 2015;


Registering an Increase of 7.4% During April-January 2015 Over the Corresponding Period in the Previous Year; Customs Collections Increase by 8.7 % While Service Tax Collections Increase by 8.3 % During the Same Period

 Indirect Tax Revenue (Provisional) Collections Increase from Rs. 3,98,238 Crore in April-January 2014 to Rs. 4,27,822 Crore during April-January 2015, thus registering an Increase of 7.4% during April-January 2015 over the corresponding period in the Previous Year.

Indirect Tax Revenue (Provisional) collections have increased from Rs 3,98,238 crore in April-January 2014 to Rs. 4,27,822 crore during April-January 2015. Thus an increase of 7.4% has been registered during April-January 2015 over the corresponding period in the previous year. This is an achievement of 68.6 % of the target fixed for BE 2014-15.

Customs collections have increased from Rs.1,42,835  April-January 2014 to Rs.1,55,248 crore during April-January 2015 registering an increase of 8.7%. This is an achievement of 76.9% of the target fixed for BE 2014-15.

Details of Indirect Tax revenue (provisional) collections during April-January 2015, along with growth rate compared to the corresponding period in the previous year.

For the period April – January 2015

(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

16550

16718

1.0

142835

155248

8.7

76.9

Central Excise*

205452

15330

20755

35.4

133207

140284

5.3

68.3

Service Tax

215973

12309

13086

6.3

122196

132290

8.3

61.3

Total

623244

44189

50559

14.4

398238

427822

7.4

68.6

*Exclusive of cess administered by other departments.

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