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        Customs, DGFT & SEZ

        Indirect Tax Revenue (Provisional) Collections Increase to ₹ 61,284 crore in September 2015 from ₹ 46,224 crore in Spetember 2014 ; Thus an Increase of 32.6% has been Registered in Collections During September 2015 over the Corresponding Period in the Previous Year

        October 10, 2015

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        Indirect Tax Revenue (Provisional) collections have increased from ₹ 46,224 crore in September 2014 to ₹ 61,284 crore during September- 2015. Thus an increase of 32.6% has been registered during September - 2015 over the corresponding period in the previous year. This is an achievement of 50.6% of the target fixed for BE 2015-16. 

        Central Excise collections have increased from ₹ 13,356 crore in September 2014 to ₹ 22,489 crore during September 2015 thus registering an increase of 68.4%.  This is an achievement of 55.0% of the target fixed at BE 2015-16. 

        Service Tax collections have increased from Rs. 15,158 crore in September 2014 to Rs.  20,483 crore during September 2015 registering an increase of 35.1%. This is an achievement of 45.5% of the target fixed at BE 2015-16. 

        Customs collections have increased from ₹ 17,710 crore in September 2014 to ₹ 18,312 crore during September 2015 registering an increase of  3.4%. This is an achievement of 49.7% of the target fixed for BE 2015-16.

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

        For the month September 2015 

        (Rs. in crores)

        Tax Head

         

        For September

        Upto September

        % of BE achievement

         

        B.E.

        2015-16

        2014-15

        2015-16

        % Growth

        2014-15

        2015-16

        % Growth

        Customs

        208336

         

        17710

        18312

        3.4

        88031

        103450

        17.5

        49.7

        Central Excise*

        228157

         

        13356

        22489

        68.4

        74019

        125530

        69.6

        55.0

        Service Tax

        209774

         

        15158

        20483

        35.1

        76851

        95493

        24.3

        45.5

        Total

        646267

         

        46224

        61284

        32.6

        238901

        324473

        35.8

        50.2

         *Exclusive of cess administered by other departments.

        Indirect tax revenue growth boosts provisional collections and advances mid year budget estimate achievement for 2015-16. Provisional indirect tax collections in September 2015 rose 32.6% year on year, with year to date growth of 35.8% compared to the previous year. Central Excise led monthly growth at 68.4%, Service Tax increased 35.1%, and Customs rose 3.4%. The release reports each tax head's monthly collections, cumulative receipts up to September, and percentage of Budget Estimate achievement for BE 2015-16, with cess excluded where administered by other departments.
                          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 revenue growth boosts provisional collections and advances mid year budget estimate achievement for 2015-16.

                                Provisional indirect tax collections in September 2015 rose 32.6% year on year, with year to date growth of 35.8% compared to the previous year. Central Excise led monthly growth at 68.4%, Service Tax increased 35.1%, and Customs rose 3.4%. The release reports each tax head's monthly collections, cumulative receipts up to September, and percentage of Budget Estimate achievement for BE 2015-16, with cess excluded where administered by other departments.





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                                Topics

                                ActsIncome Tax
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