India's indirect tax collections for the April- August period rose more than 45 per cent from a year ago, mirroring optimism by policymakers of the economy achieving 8.5 per cent growth in the current fiscal that ends in March 2011.
Customs collections rose more than 66 per cent to Rs 51,870 crore, while excise collections were up more than 41 per cent at Rs 49,672 crore, the finance ministry said in a statement on Tuesday.
Total indirect tax collection for the period stood at Rs 1.24 lakh crore, it added.
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