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Tuesday, August 19, 2014

Indirect Tax Revenue (Provisional) Collections Increase from Rs 1,48,588 Crore in April-July 2013 to Rs.1,54,350 Crore During April-July 2014; Registering an Increase of 3.9% During April-July 2014 over the Corresponding Period in the Previous Year; Service Tax Collections Increase by 16.4% during the Same Period

Press Information Bureau,
Government of India
Ministry of Finance
19-August

Indirect Tax Revenue (Provisional) Collections Increase from Rs 1,48,588 Crore in April-July 2013 to Rs.1,54,350 Crore During April-July 2014; Registering an Increase of 3.9% During April-July 2014 over the Corresponding Period in the Previous Year; Service Tax Collections Increase by 16.4% during the Same Period

Indirect Tax Revenue (Provisional) collections have increased from Rs 1,48,588 crore in April-July 2013 to Rs.1,54,350 crore during April-July 2014.
Thus an increase of 3.9% has been registered during April-July 2014 over the corresponding period in the previous year. Service Tax collections have increased from Rs.43,693 crore in April-July 2013 to Rs. 50,850 crore during April-July 2014 registering an increase of 16.4%.

 Details of Indirect Tax Revenue (Provisional) Collections during April-July 2014, along with growth rate compared to the corresponding period in the previous year are as follows:.

For the period April – July 2014
(Rs.in Crores)
Tax Head

For the Month
% Growth
Upto the month
% growth
% of BE achieved

B.E. 2014-15
2013-14
2014-15
2013-14
2014-15
Customs
201819
15730
15756
0.2
56526
55305
(-) 2.2
27.4
Central Excise *
205452
13143
14127
7.5
48369
48195
(-) 0.4
23.5
Service Tax
215973
11076
12007
8.4
43693
50850
16.4
23.5
Total
6,23,244
39,949
41,890
4.9
148588
154350
3.9
24.8
*Exclusive of cess administered by other departments.

DSM/KA

Source: PIB


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