Indirect Tax Revenue (Provisional) collections have increased from ₹ 40,802 crore in July, 2014 to ₹ 56,739 crore during July, 2015. Thus an increase of 39.1% has been registered during July-2015 over the corresponding period in the previous year. This is an achievement of 32.6 % of the target fixed for BE 2015-16 i.e. ₹ 646267 crore.

Central Excise collections have increased from ₹ 13,512 crore in July-2014 to ₹ 22,273 crore during July-2015 and thus registering an increase of 64.8 %.  This is an achievement of 36.6% of the target fixed at BE 2015-16.

Service Tax collections have increased from ₹ 11,871 crore in July 2014 to ₹ 15,470 crore during July 2015 and thus registering an increase of 30.3 %. This is an achievement of 29.0 % of the target fixed at BE 2015-16.

Customs collections have increased from ₹ 15,419 crore during July 2014 to ₹ 18,996 crore during July 2015 and thereby, registering an increase of  23.2  %. This is an achievement of 31.7 % of the target fixed for BE 2015-16.

Details of Indirect Tax revenue (provisional) collections during the month of July 2015, along with growth rate compared to the corresponding period in the previous year are as under:

For the month July 2015

(Rs. in crores)

Tax Head		For July			Up to July			% of BE achievement
	B.E. 2015-16	2014-15	2015-16	% Growth	2014-15	2015-16	% Growth
Customs	208336	15419	18996	23.2	54594	66076	21.0	31.7
Central Excise*	228157	13512	22273	64.8	47579	83454	75.4	36.6
Service Tax	209774	11871	15470	30.3	50723	60925	20.1	29.0
Total	646267	40802	56739	39.1	152896	210455	37.6	32.6

 *Exclusive of cess administered by other departments.

Indirect tax revenue growth signals stronger provisional collections, with notable rises in excise, service tax and customs. Provisional indirect tax collections in July 2015 increased 39.1% year on year to Rs. 56,739 crore, achieving 32.6% of the BE 2015-16. Central Excise rose 64.8% (36.6% of BE), Service Tax rose 30.3% (29.0% of BE), and Customs rose 23.2% (31.7% of BE); cumulative receipts up to July show 37.6% year on year growth.