Indirect Tax Revenue rises 5.8% during Apr-Sep 2014-15

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The overall growth in indirect tax revenue collections has increased from Rs 2,28,619 crore in April-Sep 2013-14 toRs. 2,41,811 crore during April-Sep 2014-15 registering an increase of 5.8%. It is an achievement of 38.8% of the Budget Estimates for 2014-15. Service Tax collections have also increased from Rs. 68,506 crore in April-Sep 2013-14 to Rs. 77,466 crore during April-Sep 2014-15 registering an increase of 13%.

There was a decline of (-)0.6% in collections of Central Excise from Rs. 75,470 crore in April-Sep 2013-14 to Rs 75,021 crore during April-Sep 2014-15 and customs from Rs. 84,643 crore in April-Sep 2013-14 to Rs. 89,324 crore during April-Sep 2014-15 registering an increase of 5.5% over the corresponding period in the previous year.

    Indirect Tax Revenue Collections                                                                                                   (Rs. in crores)

Tax Head	B.E. 2014-15	For the month Sep		% Growth	For the period April – Sep		% Growth	% of BE achieved
		2013-14	2014-15		2013-14	2014-15
Customs	201819	13644	18116	32.8	84643	89324	5.5	44.3
Central Excise*	205452	14339	14288	(-)0.4	75470	75021	(-)0.6	36.5
Service Tax	215973	14755	15608	5.8	68506	77466	13.1	35.9
Total	623244	42738	48012	12.3	228619	241811	5.8	38.8

Source: Ministry of Finance, Government of India