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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.Press 'Enter' after typing page number.