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Indirect Tax Revenue (Provisional) Collections increase this year

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New Delhi, Aug 11 : Indirect Tax Revenue (Provisional) collections have increased from Rs. 40,802 crore in July 2014 to Rs. 56,739 crore during July this year.

Thus, an increase of 39.1 percent has been registered during July over the corresponding period in the previous year. This is an achievement of 32.6 percent of the target fixed for BE 2015-16 i.e. Rs. 646267 crore.

Central Excise collections have increased from Rs. 13,512 crore in July 2014 to Rs. 22,273 crore during July 2015, thus registering an increase of 64.8 percent. This is an achievement of 36.6 percent of the target fixed at BE 2015-16.

Service Tax collections have increased from Rs. 11,871 crore in July 2014 to Rs. 15,470 crore during July this year, thus registering an increase of 30.3 percent. This is an achievement of 29.0 percent of the target fixed at BE 2015-16.

Customs collections have increased from Rs. 15,419 crore during July 2014 to Rs. 18,996 crore during July this year, thereby registering an increase of 23.2 percent. This is an achievement of 31.7 percent of the target fixed for BE 2015-16. (ANI)^