44.4 Percent Increase in Indirect Tax Collections in first six Months (April-September, 2010) of 2010-11

Customs, Central Excise and Service Tax revenue collections rose to Rs. 150686/- Crore during April-September 2010. Thus there is an increase of 44.4 percent in revenue collections at all India level during April-September 2010 as compared to corresponding period in previous year i.e. April-September 2009.

Revenue collections from Customs increased to Rs. 63229/- Crore during the period i.e. an increase of 66.8 percent as compared to corresponding period in previous year. Similarly, collections from Central Excise rose to Rs. 60834/- Crore in April-September, 2010 i.e. an increase of 40.7 percent as compared to corresponding period in previous year.

Revenue collections from Service Tax rose to Rs. 26623/- Crore in April-September, 2010 i.e. an increase of 14.8 percent as compared to corresponding period in previous year.

Total revenue collections of Rs. 150686 Crore from Indirect Taxes during April - September, 2010 is 48.1 percent of the Budget Estimates of 2010-11.

DSM/BY