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TMI BlogIndirect Tax Revenue (Provisional) Collections during Month of August 2015 Increased by 36.7% as Compared with August 2014 while, Overall Indirect Tax Collections During April-August 2015 Increased to ₹ 2,63,089 Crore from ₹ 1,92,677 Crore during the same Period Last Year and thereby Registering an Increase of 36.5%X X X X Extracts X X X X X X X X Extracts X X X X ..... Indirect Tax Revenue (Provisional) Collections during Month of August 2015 Increased by 36.7% as Compared with August 2014 while, Overall Indirect Tax Collections During April-August 2015 Increased to ₹ 2,63,089 Crore from ₹ 1,92,677 Crore during the same Period Last Year and thereby Registering an Increase of 36.5% - News and Press Release Dated:- 10-9-2015 - News - In August 2015, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... indirect tax revenue (provisional) collections increased by 36.7% compared with August 2014; cumulatively, in April-August 2015 indirect tax collections increased by 36.5% percent over the same period last year, while, the asking rate for 2015-16 is 18.8%. Overall, in monetary terms, the indirect tax revenue (provisional) collections increased to ₹ 2,63,089 crore during April-August 2015 f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom ₹ 1,92,677 crore during April-August 2014. In the month of August 2015 alone, the collections increased to ₹ 54,396 crore from ₹ 39,781 crore in August 2014. Collections on account of Central Excise increased from ₹ 60,663 crore in April-August 2014 to ₹ 1,02,945 crore in April-August 2015 and thereby registering an increase of 69.7 %. In case of Service Tax, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... collections increased from ₹ 61,693 crore in April-August 2014 to ₹ 75,006 crore in April-August 2015 and thereby registering an increase of 21.6 %. Collections on account of Customs increased from ₹ 70,321 crore in April-August 2014 to ₹ 85,138 crore in April-August 2015 and thereby registering an increase of 21.1 %. These collections reflect in part increase due to add ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... itional measures taken by the Government from time to time, including the excise increases on diesel and petrol, the increase in clean energy cess, the withdrawal of exemptions for motor vehicles, capital goods and consumer durables, and from June 2015, the increase in Service Tax from 12.36 to 14 percent; customs duties collections have been aided by the rupee depreciation of 6 per cent between A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pril and August this year. However, stripped of all these additional measures, indirect tax collections increased by 12.2 percent during April-August 2015 as compared to April-August 2014. These collections continue to suggest a healthy growth in the underlying tax base. Details of overall Indirect Tax Revenue (Provisional) collections during April-June 2015 along with growth rate compare ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d to the corresponding period in the previous year are as follows: Indirect tax collection : April-August, 2015-16 (Prov.) (Rs. in crores) Tax Head Actuals 2014-15 (prov.) B.E 2015-16 Asking rate(%) for 2015-16 For August April to Augu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... st 2014-15 2015-16 % Growth Duty 2015-16 Without #ARM % Growth Without #ARM 2014-15 2015-16 % Growth Duty 2015-16 Without #ARM % Growth Without #A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... RM 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Customs 187856 208336 10.9 15727 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 19062 21.2 18002 14.5 70321 85138 21.1 81138 15.4 *C.Excise 188238 228157 21.2 13084 21190 62.0 14024 7.2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 60663 102945 69.7 66115 9.0 Service tax 168063 209774 24.8 10970 14144 28.9 12144 10.7 61693 75006 21.6 69006 11.9 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Total 544157 646267 18.8 39781 54396 36.7 44170 11.0 192677 263089 36.5 216259 12.2 - News - Press release - PIB Tax Managem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent India - taxmanagementindia - taxmanagement - 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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