Indirect Tax Revenue (Provisional) Collections increase from Rs. 44,475 Crore in November 2014 to Rs. 55,297 Crore during November 2015

An increase of 24.3% registered during November 2015 over the corresponding period in the previous year; Central Excise Collections increase by 58.3%, Service Tax Collections increase by 16.1 % While Customs Collections increase by 1.7 % during the same period

Indirect Tax Revenue (Provisional) collections have increased from Rs   44,475 crore in November 2014 to Rs. 55,297 crore during November - 2015. Thus an increase of 24.3 % has been registered during November - 2015 over the corresponding period in the previous year. This is an achievement of 67.8% of the target fixed for BE 2015-16. Central Excise collections have increased from Rs.  14,551 crore in November - 2014 to Rs.  23,033 croreduring November - 2015 registering an increase of 58.3%.  This is an achievement of 74.8% of the target fixed at BE 2015-16. Service Tax collections have increased from Rs. 12,739 crore in November, 2014 to Rs. 14,789 crore during November, 2015 registering an increase of 16.1%. This is an achievement of 60.9% of the target fixed at BE 2015-16. Customs collections have increased from Rs.17, 185 crore during November 2014 to Rs. 17,475 crore during November 2015 registering an increase of 1.7%. This is an achievement of 67.2% of the target fixed for BE 2015-16.

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

For the month November 2015

(Rs. in crores)

Tax Head		For November			Upto November			% of BE achievement
	B.E. 2015-16	2014-15	2015-16	% Growth	2014-15	2015-16	% Growth
Customs	208336	17185	17475	1.7	122016	139923	14.7	67.2
Central Excise*	228157	14551	23033	58.3	102139	170693	67.1	74.8
Service Tax	209774	12739	14789	16.1	102118	127675	25.0	60.9
Total	646267	44475	55297	24.3	326273	438291	34.3	67.8

*Exclusive of cess administered by other departments.

Courtesy:pib.nic.in