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.
