Indirect tax collections up 44% in April-Sept 2010

Customs, Central Excise and Service Tax revenue collections rose to Rs. 1.51 trillion during April-September 2010-11. There is an increase of 44.4% in revenue collections at all-India level during April-September 2010-11 compared to the same period of last year i.e. April-September 2009-10. Total revenue collections from Indirect Taxes during April-September 2010-11 is 48.1% of the Budget Estimates of 2010-11.



Revenue collections from customs increased to Rs. 632.29bn during the period i.e. an increase of 66.8% as compared to corresponding period in previous year. Similarly, collections from Central Excise rose to Rs. 608.34bn in April-September, 2010-11 i.e. an increase of 40.7% compared to corresponding period in previous year. Revenue collections from Service Tax rose to Rs. 266.23bn in April-September 2010-11 i.e. an increase of 14.8% compared to corresponding period in previous year.