Indirect Tax collection rises to Rs. 55,297 Cr in November

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currencyIndirect Tax Revenue (Provisional) collections have increased from Rs 44,475 crore in November 2014 to Rs. 55,297 crore during November – 2015. Thus an increase of 24.3 % has been registered during November – 2015 over the corresponding period in the previous year. This is an achievement of 67.8% of the target fixed for BE 2015-16.

Central Excise collections have increased from Rs. 14,551 crore in November – 2014 to Rs. 23,033 crore during November – 2015 registering an increase of 58.3%. This is an achievement of 74.8% of the target fixed at BE 2015-16.

Service Tax collections have increased from Rs. 12,739 crore in November, 2014 to Rs. 14,789 crore during November, 2015 registering an increase of 16.1%. This is an achievement of 60.9% of the target fixed at BE 2015-16.

Customs collections have increased from Rs.17, 185 crore during November 2014 to Rs. 17,475 crore during November 2015 registering an increase of 1.7%. This is an achievement of 67.2% of the target fixed for BE 2015-16.

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