Indirect Tax Collections up to July, 2016 indicate net revenue collections of 2,71,719 crore as compared to 209217 crore in the corresponding period last year and thereby registering an increase of 29.9% over the corresponding period; 34.9% of the Budget Estimates of indirect taxes for FY 2016-17 achieved till July 2016

Indirect Tax Collections up to July, 2016 indicate net revenue collections of 2,71,719 crore as compared to 209217 crore in the corresponding period last year and thereby registering an increase of 29.9% over the corresponding period; 34.9% of the Budget Estimates of indirect taxes for FY 2016-17 achieved till July 2016 https://www.taxtmi.com/news?id=16492 Provisional indirect tax collections up to July 2016 total Rs. 2,71,719 crore, a 29.9% year on year increase and 34.9% of FY 2016 17 Budget Estimates. Central Excise showed strong month and year to date growth (~50.8%), Service Tax rose in the mid 20s percent, while Customs declined in the month but posted modest year to date growth. The release provides provisional monthly and cumulative figures and percentage achievement against Budget Estimates for each tax head. en-us Wed, 10 Aug 2016 10:35:40 +0530 Wed, 10 Aug 2016 13:17:00 +0530 TaxTMI RSS Generator Indirect Tax Collections up to July, 2016 indicate net revenue collections of 2,71,719 crore as compared to 209217 crore in the corresponding period last year and thereby registering an increase of 29.9% over the corresponding period; 34.9% of the Budget Estimates of indirect taxes for FY 2016-17 achieved till July 2016 https://www.taxtmi.com/news?id=16492 Provisional indirect tax collections up to July 2016 total Rs. 2,71,719 crore, a 29.9% year on year increase and 34.9% of FY 2016 17 Budget Estimates. Central Excise showed strong month and year to date growth (~50.8%), Service Tax rose in the mid 20s percent, while Customs declined in the month but posted modest year to date growth. The release provides provisional monthly and cumulative figures and percentage achievement against Budget Estimates for each tax head. News - Wed, 10 Aug 2016 10:35:40 +0530 https://www.taxtmi.com/news?id=16492