Annx. ‘A’

RELEASE OF REVENUE DATA ON INDIRECT TAXES

Details of Indirect Tax revenue (provisional) collections during the month August2015, along with growth rate compared to the corresponding period in the previous year.

For the month August 2015

Tax Head		For August			Upto August			% of BE achievement
	B.E. 2015-16	2014-15	2015-16	% Growth	2014-15	2015-16	% Growth
Customs	208336	15727	19062	21.2	70321	85138	21.1	40.9
Central Excise	228157	13084	21190	62.0	60663	102945	69.7	45.1
Service Tax	209774	10970	14144	28.9	61693	75006	21.6	35.8
Total	646267	39781	54396	36.7	192677	263089	36.5	40.7

*Exclusive of cess administered by other departments.

ANNX. ‘B’

Summary of Revenue Collection during the month August, 2015

Indirect Tax Revenue (Provisional) Collections Increases from ₹ 39,781 Crore in August, 2014 to ₹ 54,396 Crore in August 2015, thus registering an increase of 36.7% in the month August 2015 over the corresponding month in the Previous Year.

Indirect Tax Revenue (Provisional) collections have increased from ₹ 1,92,677 crore upto August -2014 to Rs.2,63,089 crore upto August-2015. Thus an increase of 36.5% has been registered upto August - 2015 over the corresponding period in the previous year. There is an achievement of 40.7% of the target fixed for BE- 2015 - 16.

Customs collections have increased from ₹ 15,727 crore during August - 2014 to ₹ 19,062 crore during August -2015, thus registering an increase of 21.2 % over the corresponding month of the previous year. There is an achievement of 40.90% of the BE target fixed for 2015 -16 . Service Tax collections have increased from ₹ 10,970 crore in August - 2014 to ₹ 14,144 crore during August – 2015, thus registering an increase of 28.9% over the corresponding month of the previous year. There is an achievement of 35.8 % of the BE target fixed for 2015 - 16.

Central Excise collections have increased from ₹ 13,084 crore in August - 2014 to ₹ 21,190 crore during August - 2015, thus registering an increase of 62.0 % over the corresponding month of the previous year. There is an achievement of 45.1 % of the BE target fixed for 2015 – 16.

Indirect tax revenue growth records substantial year on year increase and improved budget estimate achievement for the fiscal period. Provisional indirect tax collections for August 2015 increased 36.7% year on year, with cumulative collections up to August 2015 up 36.5% and BE achievement at 40.7%. Central Excise led monthly growth at 62.0% (BE achievement 45.1%), Service Tax rose 28.9% (BE achievement 35.8%), and Customs rose 21.2% (BE achievement 40.9%).