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AI Drafter

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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        Customs, DGFT & SEZ

        Indirect Tax Collections up 42.8% During April –December, 2010 75.7 Percent of Budget Estimates Achieved

        January 17, 2011

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        Indirect tax collections registered a growth of 42.8 per cent during April-December, 2010 which is 75.7 per cent of the Budget Estimates for the fiscal 2010-11.  With Rs. 99830 crore customs collections increased 68.1 per cent and covered 86.8 per cent of total Budget Estimates.  Central excise collection was Rs. 93281 crore, registering a growth of 33.7 per cent which was 71.5 per cent of Budget Estimates for the fiscal.   With 44081 crore service tax collections registered a growth of 19.2 per cent and achieved 64.8 per cent of Budget Estimates for the current financial year. 

                    Customs, Central Excise and Service Tax Revenue (Provisional) collection during April- December, 2010 along with comparative data for the corresponding period of previous year and growth rate over previous yearare given below:

                                                                                                                   (In Rs. crore)

        Head

        B.E

        Revenue collection during April- December

        % growth during April- December

        % BE

        achieved

        2010-11

        2009-10

        2010-11

        2010-11

        2009-10

        2010-11

        Customs

        115000

        59402

        99830

        68.1

        60.6

        86.8

        Central Excise

        130471

        69747

        93281

        33.7

        66.4

        71.5

        Service Tax

        68000

        36984

        44081

        19.2

        56.9

        64.8

        Total

        313471

        166133

        237192

        42.8

        62.0

        75.7

         


        Indirect tax collections rose markedly, meeting a substantial portion of the fiscal year budget estimates for the April-December period. Indirect tax collections rose markedly in April-December 2010, achieving about three quarters of the fiscal year Budget Estimates; Customs showed the largest year on year increase and the highest proportion of its estimate, Central Excise expanded materially and covered a substantial share, and Service Tax grew more modestly and accounted for a smaller share, with provisional comparative figures and growth rates presented for each head and in aggregate.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Indirect tax collections rose markedly, meeting a substantial portion of the fiscal year budget estimates for the April-December period.

                                Indirect tax collections rose markedly in April-December 2010, achieving about three quarters of the fiscal year Budget Estimates; Customs showed the largest year on year increase and the highest proportion of its estimate, Central Excise expanded materially and covered a substantial share, and Service Tax grew more modestly and accounted for a smaller share, with provisional comparative figures and growth rates presented for each head and in aggregate.





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                                Topics

                                ActsIncome Tax
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