Indirect Tax Revenue (Provisional) Collections Increase from ₹ 3,54,049 Crore in April-December 2013 to ₹ 3,77,648 Crore During April-December 2014

By | January 14, 2015
Registering an Increase of 6.7% During April-December 2014 over the Corresponding Period in the Previous Year; Customs Collections Increase by 9.7 % While Service Tax Collections Increase by 8.7 % During the Same Period

  Indirect Tax Revenue (Provisional) collections have increased from ₹ 3,54,049 crore in April-December 2013 to ₹ 3,77,648 crore during April-December 2014. Thus an increase of 6.7 % has been registered during April-November 2014 over the corresponding period in the previous year. This is an achievement of 60.6% of the target fixed for BE 2014-15
Collections from Customs increased from ₹ 1,26,285 crore during April-December 2013 to ₹ 1,38,529 crore during April-December 2014 registering an increase of 9.7 %. This is an achievement of 68.6% of the target fixed for BE 2014-15.
Service Tax collections have increased from ₹ 1,09,887 crore in April-December 2013 to ₹ 1,19,400 crore during April-December 2014 registering an increase of 8.7%. This amounts to an achievement of 55.3 % of the target fixed at BE 2014-15.
  Central Excise collections have increased from ₹ 1,17,887 crore in April-December 2013 to ₹ 1,19,719 crore during April-December 2014 registering an increase of 1.6%. This amounts to an achievement of 58.3 % of the target fixed at BE 2014-15.
Details of Indirect Tax revenue (provisional) collections during April-December 2014, along with growth rate compared to the corresponding period in the previous year.
For the period April – December 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
14441
15222
5.4
126285
138529
9.7
68.6
Central Excise*
205452
14889
17450
17.2
117877
119719
1.6
58.3
Service Tax
215973
17905
16979
-5.2
109887
119400
8.7
55.3
Total
623244
47235
49651
5.1
3540494
377648
6.7
60.6

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