Indirect Tax Revenue Collections During April-June 2014 Increases to Rs.1,13,570 crore, a rise of 4.5%

The overall growth in Indirect Tax Revenue (Provisional) Collections during the first quarter of current fiscal year i.e. April-June 2014 have increased from Rs. 1,08,639 crore to Rs.1,13,570 crore registering an increase of 4.5 % over the corresponding period (April -June 2013) in last financial year. Service Tax collections alone during April-June 2014 have increased from Rs.32,617 crore (April -June 2013) to Rs 38,862 crore (April-June, 2014).

Details of overall Indirect Tax revenue (provisional) collections during April-June 2014, along with growth rate compared to the corresponding period in the previous year are as follows:

Tax Head BE 2014-15 June % Growth April-June % Growth % of BE achieved2013-14 2014-15 2013-14 2014-15Customs 201819 13494 14308 6 40796 39549 (-) 3.1 19.6Central Excise* 205452 13566 14666 8.1 35226 35159 (-) 0.2 17.1Service Tax 215973 12025 15382 27.9 32617 38862 19.1 18Total 623244 39085 44356 13.5 108639 113570 4.5 18.2Figures in Rs crore. *Exclusive of cess administered by other departments.

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