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Home News News and Press Release Month 3 2015 2015 (3) This

Indirect Tax Revenue (Provisional) Collections Increase from ₹ 4,41,565 Crore in April-February 2014 to ₹ 4,78,630 Crore During April-February 2015;

11-3-2015
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An Increase of 7.4% Registered During April-February 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 have increased from ₹ 4,41,565 crore in April-February 2014 to ₹ 4,78,630 crore during April-February 2015. Thus an increase of 7.4 % has been registered during April-February 2015 over the corresponding period in the previous year. This is an achievement of 88.5 % of the revised target fixed for RE 2014-15.

Customs collections have increased from ₹ 1,57,944 crore during April-February 2014 to ₹ 1,70,943 crore during April-February 2015 registering an increase of 8.7%. This is an achievement of 90.6% of the revised target fixed for 2014-15.

Service Tax collections have increased from ₹ 1,34,201 crore in April-February 2014 to ₹ 1,45,007 crore during April-February 2015 registering an increase of 8.3 %. This is an achievement of 86.2 % of the revised target fixed for 2014-15.

Central Excise collections have increased from ₹ 1,49,420 crore in April-February 2014 to ₹ 1,62,680 crore during April-February 2015 registering an increase of 5.3%.  This is an achievement of 88.5 % of the revised target fixed for 2014-15.

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

For the period April - February 2015

(Rs. in crores)

Tax Head

 

For the month

% Growth

Upto the month

% growth

% of BE achieved

 

R.E.

2014-15

2013-14

2014-15

2013-14

2014-15

Customs

188713

15109

15695

1.0

157944

170943

8.7

90.6

Central Excise*

183858

16213

22123

35.4

149420

162680

5.3

88.5

Service Tax

168132

12221

12646

6.3

134201

145007

8.3

86.2

Total

540703

43543

50464

6.3

441565

478630

7.4

88.5

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