An Increase of 24.3% Registered During November 2015 over the Corresponding Period in the Previous Year; Central Excise Collections Increase by 58.3%, Service Tax Collections Increase by 16.1 % While Customs Collections Increase by 1.7 % During the Same Period
Indirect Tax Revenue (Provisional) collections have increased from Rs 44,475 crore in November 2014 to Rs. 55,297 crore during November - 2015. Thus an increase of 24.3 % has been registered during November - 2015 over the corresponding period in the previous year. This is an achievement of 67.8% of the target fixed for BE 2015-16.
Central Excise collections have increased from Rs. 14,551 crore in November - 2014 to Rs. 23,033 crore during November - 2015 registering an increase of 58.3%. This is an achievement of 74.8% of the target fixed at BE 2015-16.
Service Tax collections have increased from Rs. 12,739 crore in November, 2014 to Rs. 14,789 crore during November, 2015 registering an increase of 16.1%. This is an achievement of 60.9% of the target fixed at BE 2015-16.
Customs collections have increased from Rs.17, 185 crore during November 2014 to Rs. 17,475 crore during November 2015 registering an increase of 1.7%. This is an achievement of 67.2% of the target fixed for BE 2015-16.
Details of Indirect Tax revenue (provisional) collections during the month November 2015, along with growth rate compared to the corresponding period in the previous year.
For the month November 2015
(Rs. in crores)
Tax Head
|
For November
|
Upto November
|
% of BE achievement
| |||||
B.E.
2015-16
|
2014-15
|
2015-16
|
% Growth
|
2014-15
|
2015-16
|
% Growth
| ||
Customs
|
2,08,336
|
17,185
|
17,475
|
1.7
|
1,22,016
|
1,39,923
|
14.7
|
67.2
|
Central Excise*
|
2,28,157
|
14,551
|
23,033
|
58.3
|
1,02,139
|
1,70,693
|
67.1
|
74.8
|
Service Tax
|
2,09,774
|
12,739
|
14,789
|
16.1
|
1,02,118
|
1,27,675
|
25.0
|
60.9
|
Total
|
6,46,267
|
44,475
|
55,297
|
24.3
|
3,26,273
|
4,38,291
|
34.3
|
67.8
|
*Exclusive of cess administered by other departments.
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