Indirect tax revenue collection jumps 39.1% in July 2015
Indirect Tax Revenue (Provisional) collections
have increased from Rs 40802 crore in July 2014 to Rs 56739 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
13512 crore in July-2014 to Rs 22273 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 11871
crore in July 2014 to Rs 15470 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 15419
crore during July 2014 to Rs 18996 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.