Indirect tax collections inched up by 5.8 per cent in the April-September period of this fiscal.
NEW DELHI: Indirect tax collections inched up by 5.8 per cent in the April-September period of this fiscal. Indirect tax collections, comprising excise, customs and service tax, stood at Rs 2,41,811 crore in the first six months of 2014-15 fiscal as against Rs 2,28,619 crore in the corresponding period a year ago, the Finance Ministry said in a statement.
The growth at 5.8 per cent is far less than 25 per cent annual increase envisaged in the Budget for the full 2014-15 financial year.
Excise collection contracted marginally by 0.6 per cent during the April-September to over Rs 75,021 crore.
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