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{"id":769,"date":"2015-05-13T00:00:00","date_gmt":"2015-05-12T18:30:00","guid":{"rendered":""},"modified":"2015-12-31T10:59:22","modified_gmt":"2015-12-31T05:29:22","slug":"indirect-tax-collection-increased-by-46-20-from-april-2014-to-april-2015","status":"publish","type":"post","link":"https:\/\/taxclick.org\/type\/miscellaneous\/indirect-tax-collection-increased-by-46-20-from-april-2014-to-april-2015\/","title":{"rendered":"Indirect tax collection increased by 46.20% from April 2014 to April 2015"},"content":{"rendered":"\n\n\n
\n

Indirect Tax Revenue (Provisional) Collections increase from Rs. <\/strong>32,661 Crore<\/strong> in April, 2014 to Rs.<\/strong>47,747 Crore<\/strong> during April 2015, thus registering an Increase of 46.2%<\/strong> during the month of April 2015 over the corresponding period in the previous year. This is an achievement of 7.4 %<\/strong> of the target fixed for BE 2015-16.<\/p>\n

 <\/p>\n

Central Excise collections<\/strong> have increased from Rs. 8,655 crore<\/strong> in April, 2014 to Rs. 18,373 crore <\/strong>during April, 2015 registering an increase of 112.3 %.<\/strong>  This is an achievement of 8.1%<\/strong> of the target fixed at BE 2015-16.<\/p>\n

 <\/p>\n

Customs collections<\/strong> have increased from Rs.11,555<\/strong> <\/strong>crore<\/strong> during April, 2014 to Rs.14,286<\/strong> crore<\/strong> during April, 2015 registering an increase of  23.6  %<\/strong>. This is an achievement of 6.9 %<\/strong> of the target fixed for BE 2015-16.<\/p>\n

 <\/p>\n

Service Tax collections<\/strong> have increased from Rs. 12,451 crore<\/strong> in April, 2014 to Rs. 15,088 crore<\/strong> during April, 2015 registering an increase of 21.2 %<\/strong>. This is an achievement of 7.2 %<\/strong> of the target fixed at BE 2015-16.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 Details of Indirect Tax revenue (provisional) collections during the month April 2015, along with growth rate compared to the corresponding period in the previous year are as follows:.<\/p>\n

 <\/strong> <\/strong><\/p>\n

 (Rs. in crores)<\/p>\n\n\n\n\n\n\n\n\n
\n

Tax Head<\/strong><\/p>\n<\/td>\n

\n

 <\/strong><\/p>\n<\/td>\n

\n

For April<\/strong><\/p>\n<\/td>\n

\n

% Growth<\/strong><\/p>\n<\/td>\n

\n

% of BE achieved<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

 <\/p>\n<\/td>\n

\n

B.E.<\/strong><\/p>\n

2015-16<\/strong><\/p>\n<\/td>\n

\n

2014-15<\/strong><\/p>\n<\/td>\n

\n

2015-16<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

 <\/strong><\/p>\n

Customs<\/strong><\/p>\n<\/td>\n

\n

 <\/p>\n

208336<\/p>\n

 <\/p>\n<\/td>\n

\n

 <\/p>\n

11555<\/p>\n<\/td>\n

\n

 <\/p>\n

14286<\/p>\n<\/td>\n

\n

 <\/p>\n

23.6<\/p>\n<\/td>\n

\n

 <\/p>\n

6.9<\/p>\n<\/td>\n<\/tr>\n

\n

Central Excise*<\/strong><\/p>\n<\/td>\n

\n

 <\/p>\n

228157<\/p>\n

 <\/p>\n<\/td>\n

\n

 <\/p>\n

8655<\/p>\n<\/td>\n

\n

 <\/p>\n

18373<\/p>\n<\/td>\n

\n

 <\/p>\n

112.3<\/p>\n<\/td>\n

\n

 <\/p>\n

8.1<\/p>\n<\/td>\n<\/tr>\n

\n

Service Tax<\/strong><\/p>\n<\/td>\n

\n

 <\/p>\n

209774<\/p>\n

 <\/p>\n<\/td>\n

\n

 <\/p>\n

12451<\/p>\n<\/td>\n

\n

 <\/p>\n

15088<\/p>\n<\/td>\n

\n

 <\/p>\n

21.2<\/p>\n<\/td>\n

\n

 <\/p>\n

7.2<\/p>\n<\/td>\n<\/tr>\n

\n

 <\/strong><\/p>\n

Total<\/strong><\/p>\n<\/td>\n

\n

 <\/p>\n

646267<\/p>\n

 <\/p>\n<\/td>\n

\n

 <\/p>\n

32661<\/p>\n<\/td>\n

\n

 <\/p>\n

47747<\/p>\n<\/td>\n

\n

 <\/p>\n

46.2<\/p>\n<\/td>\n

\n

 <\/p>\n

7.4<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

*<\/strong>Exclusive of cess administered by other departments.<\/strong><\/p>\n

 <\/p>\n

*****<\/p>\n

Source: PIB<\/p>\n","protected":false},"excerpt":{"rendered":"

Indirect Tax Revenue (Provisional) Collections increase from Rs. 32,661 Crore in April, 2014 to Rs.47,747 Crore during April 2015, thus registering an Increase of 46.2% during the month of April 2015 over the corresponding period in the previous year. 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