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TMI BlogCBEC Achieves Nearly 80.74% of Budget Estimate Up-to January, 2012 in the Current Fiscal; Would be Able to Achieve the Overall Target of Rs. 3,92,908 Crore of Current Fiscal .X X X X Extracts X X X X X X X X Extracts X X X X ..... CBEC Achieves Nearly 80.74% of Budget Estimate Up-to January, 2012 in the Current Fiscal; Would be Able to Achieve the Overall Target of Rs. 3,92,908 Crore of Current Fiscal . - News and Press Release Dated:- 8-2-2012 - News - Press Information Bureau Government of India Ministry of Finance 08-February-2012 18:11 IST CBEC Achieves Nearly 80.74% of Budget Estimate Up-to January, 2012 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in the Current Fiscal; Would be Able to Achieve the Overall Target of Rs. 3,92,908 Crore of Current Fiscal The Central Board of Excise and Customs (CBEC) has been able to achieve nearly 80.74% of Budget Estimate up-to the month of January, 2012 in the current fiscal year. At the present rate of growth, CBEC should be able to achieve the target of Rs.3,92,908 Crores. The revenue ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... position for and up-to the month of January, 2012 is as follows: (Rs. in Crore) Head For January % Growth for Jan. April-January % Cumulative Growth 2010-11 2011-12 2010-11 2011-12 Customs 11,117 11,393 2.5% 110,109 124,063 12.7% *C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entral Excise 12,458 12,319 -1.1% 110,277 117,730 6.8% Service Tax 5,764 7,734 34.2% 55,121 75,440 36.9% Total 29,339 31,446 7.2% 275,507 317,233 15.1% *Exclusive of Cess not administered by CBEC (D/o Revenue). ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The overall growth in indirect tax revenue collections during the month of January, 2012 is around 7.2%. H owever the progressive growth during April-January of current fiscal year has shown 15.1% over the corresponding period of last financial year. The growth in Central Excise revenue has been negative for January, 2012. However, the overall growth in Central Excise Revenue up to Jan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uary, 2012 is 6.8% showing a positive trend. The Service Tax revenue collections continues to be buoyant and has shown 34.2% growth during January, 2012. The Customs growth has been 2.5% during the month of January, 2012, though the overall growth up to January, 2012 has been 12.7%. D SM/SS/GN - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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