Indirect Tax Collections During the month of April 2016 is 64,394 Crore which is an increase of 41.8% as compared to the collections made in the corresponding Period Last Year (April 2015): Excise Collections Register A Growth of 70.7% while Service Tax Collections Register a Growth of 27.9% in April 2016

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....ndirect Tax Collections During the month of April 2016 is 64,394 Crore which is an increase of 41.8% as compared to the collections made in the corresponding Period Last Year (April 2015): Excise Collections Register A Growth of 70.7% while Service Tax Collections Register a Growth of 27.9% in April 2016 <br>News and Press Release<br>Dated:- 11-5-2016<br><BR>Press Information Bureau Government of....

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.... India Ministry of Finance 11-May-2016 15:15 IST Indirect Tax collections for the month of April 2016 was &#8377; 64,394 crore registering a growth of 41.8% as compared to &#8377; 45,417 crore collected during the same period previous year i.e. month of April 2015. Overall growth in revenue collections on account of Indirect taxes excluding Additional Revenue Measures is 17%. The overall collec....

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....tions of Indirect Taxes during the month of April, 2016 amounts to achievement of 8.3% of BE target for Indirect Taxes for 2016-17. The Revenue collections target for indirect taxes as per the Budget Estimates 2016-17 is &#8377; 7,78,000 crore while the actual collections on account of indirect taxes during 2015-16 was &#8377; 7,09,022 crore. Thus, there is an increase of 9.7% in BE target for 20....

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....16-17 over the last year actual collections. As far as Central Excise collections in the month of April 2016 are concerned, &#8377; 28,252 crore were collected during the month as compared to &#8377; 16,546 crore in the corresponding period in the previous year and thus registering a overall growth of 70.7%. As far as Service Tax collections in April 2016 are concerned, the total collections dur....

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....ing the month of April, 2016 amounts to &#8377; 18,647 crore as compared to &#8377; 14,585 crore during the corresponding period (April 2015) last year and thereby registering a growth of 27.9% in the service tax collections. As far as Revenue collections on account of Customs is concerned, &#8377; 17,495 crore were collected during the month of April 2016 as compared to &#8377; 14,286 crore duri....

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....ng the corresponding period in the previous year i.e., April, 2015 and thus registering a growth of 22.5.% on account of customs collections. ***** DSM/KA<BR> News - Press release - PIB....