An Increase of 7.4% Registered During April-February 2015 over the Corresponding Period in the Previous Year;

Customs Collections Increase By 8.7 % While Service Tax Collections Increase By 8.3 % During The Same Period

Indirect Tax Revenue (Provisional) collections have increased from ₹ 4,41,565 crore in April-February 2014 to ₹ 4,78,630 crore during April-February 2015. Thus an increase of 7.4 % has been registered during April-February 2015 over the corresponding period in the previous year. This is an achievement of 88.5 % of the revised target fixed for RE 2014-15.

Customs collections have increased from ₹ 1,57,944 crore during April-February 2014 to ₹ 1,70,943 crore during April-February 2015 registering an increase of 8.7%. This is an achievement of 90.6% of the revised target fixed for 2014-15.

Service Tax collections have increased from ₹ 1,34,201 crore in April-February 2014 to ₹ 1,45,007 crore during April-February 2015 registering an increase of 8.3 %. This is an achievement of 86.2 % of the revised target fixed for 2014-15.

Central Excise collections have increased from ₹ 1,49,420 crore in April-February 2014 to ₹ 1,62,680 crore during April-February 2015 registering an increase of 5.3%.  This is an achievement of 88.5 % of the revised target fixed for 2014-15.

Details of Indirect Tax revenue (provisional) collections during April-February 2015, along with growth rate compared to the corresponding period in the previous year.

For the period April - February 2015

(Rs. in crores)

Tax Head		For the month		% Growth	Upto the month		% growth	% of BE achieved
	R.E. 2014-15	2013-14	2014-15		2013-14	2014-15
Customs	188713	15109	15695	1.0	157944	170943	8.7	90.6
Central Excise*	183858	16213	22123	35.4	149420	162680	5.3	88.5
Service Tax	168132	12221	12646	6.3	134201	145007	8.3	86.2
Total	540703	43543	50464	6.3	441565	478630	7.4	88.5

Indirect tax collections rise, with customs, service tax, and central excise showing year on year growth and meeting revised targets. Provisional indirect tax collections for April-February 2015 increased 7.4% year-on-year, achieving 88.5% of the revised estimate; customs rose 8.7% (90.6% of RE), service tax rose 8.3% (86.2% of RE), and central excise rose 5.3% (88.5% of RE).