Indirect Tax Revenue (Provisional) Collections increase from Rs 1,85,881 Crore in April-August 2013 to 1,94,492 Crore during April-August 2014; Registering an increase of 4.6% during April-August 20

Indirect Tax Revenue (Provisional) collections have increased from Rs 1,85,881crore in April-August 2013 to Rs. 1,94,492crore during April-August 2014. Thus an increase of 4.6 % has been registered during April-August 2014 over the corresponding period in the previous year. Overall, it is an achievement of 31.2 % of the Budget Estimates for 2014-15. Service Tax collections have also increased from Rs. 53,751 crore in April-August 2013 to Rs. 61,870 crore during April-August 2014 registering an increase of 15.1%. Similarly, there was an increase in collections of Central Excise from Rs. 61,131 crore in April-August 2013 to Rs 61,415 crore during April-August 2014, an increase of 0.5 % and customs from Rs. 70,999 crore in April-August 2013 to Rs.71,207 crore during April-August 2014, an increase of 0.3% over the corresponding period in the previous year.
 
 
Details of Indirect Tax Revenue (Provisional) Collections during April-August 2014, along with growth rate compared to the corresponding period in the previous year are as follows:
 
For the period April August 2014
(Rs. in crores)

 

Tax Head		For the month		% Growth	Upto the month		% growth	% of BE achieved
	B.E. 2014-15	2013-14	2014-15		2013-14	2014-15
Customs	201819	14473	15902	9.9	70999	71207	0.3	35.3
Central Excise*	205452	12762	13782	8.0	61131	61415	0.5	29.9
Service Tax	215973	10059	10960	9.0	53751	61870	15.1	28.6
Total	623244	37293	40644	9.0	185881	194492	4.6	31.2

 

*Exclusive of cess administered by other departments.