Indirect tax collections up 4.6% in April-August

Indirect tax collections rose by 4.6 percent from Rs 1,85,881 Crore in April-August 2013 to 1,94,492 Crore during April-August 2014.

Zee Media Bureau

Indirect tax collections rose by 4.6 percent from Rs 1,85,881 Crore in April-August 2013 to Rs 1,94,492 crore during April-August 2014.

Overall, it is an achievement of 31.2 percent 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 percent.

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 percent 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 percent over the corresponding period in the previous year.

With agency inputs

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