PRESS RELEASE ON INDIRECT TAX COLLECTIONS DURING THE FINANCIAL YEAR 2016-17

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....RESS RELEASE ON INDIRECT TAX COLLECTIONS DURING THE FINANCIAL YEAR 2016-17 <br>News and Press Release<br>Dated:- 11-4-2017<br><BR>1. The indirect tax collections (Central Excise, Service Tax and Custo....

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....ms) in FY 2016-17are at &#8377; 8.63 lakh crore, which is 22.0% higher than the actual revenue receipts in FY 2015-16. Till March 2017, about 101.35% of the Revised Estimates (RE) of indirect taxes fo....

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....r Financial Year 2016-17 has been achieved. 2. As regards Central Excise, net tax collections stood at &#8377; 3.83 lakh crore during FY 2016-17 as compared to &#8377; 2.86 lakh crore in the previous....

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.... Financial Year, thereby registering a growth of 33.9%. 3. Net Tax collections on account of Service Tax during FY 2016-17 stood at &#8377; 2.54 lakh crore as compared to &#8377; 2.11 lakh crore in t....

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....he previous Financial Year, thereby registering a growth of 20.2%. 4. Net Tax collections on account of Customs during FY 2016-17 stood at &#8377; 2.26 lakh crore as compared to &#8377; 2.10 lakh cro....

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....re in the previous Financial Year, thereby registering a growth of 7.4%. ------------------xx-----------------<BR> News - Press release - PIB....