Indirect Tax Revenue (Provisional) collections have increased from ₹ 3,06,814 crore in April-November 2013 to ₹ 3,28,662 crore during April-November 2014. Thus an increase of 7.1% has been registered during April-November 2014 over the corresponding period in the previous year.

Service Tax collections have increased from ₹ 91,982 crore in April-November 2013 to ₹ 1,02,592 crore during April-November 2014 registering an increase of 11.5%. This amounts to an achievement of 47.5 % of the target fixed at BE 2014-15.

Collections from Customs increased from ₹ 1,11,844 crore during April-November 2013 to ₹ 1,23,308 crore during April-November 2014 registering an increase of 10.2%. This is an achievement of 61.1% of the target fixed at BE 2014-15.

 Details of Indirect Tax revenue (provisional) collections during April-November 2014, along with growth rate compared to the corresponding period in the previous year.

For the period April – November 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	13137	17185	30.8	111844	123308	10.2	61.1
Central Excise*	205452	13544	14952	10.4	102988	102762	(-) 0.2	50.0
Service Tax	215973	10224	11923	16.6	91982	102592	11.5	47.5
Total	623244	36905	44060	19.4	306814	328662	7.1	52.7

Indirect tax revenue growth shows year on year rise; service and customs improve while excise remains flat. Provisional indirect tax collections for April-November rose year on year by 7.1%, with service tax up 11.5% (achieving 47.5% of BE), customs up 10.2% (achieving 61.1% of BE), and central excise marginally lower, with the press release reporting month and cumulative growth by tax head and BE achievement proportions.