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Indirect tax collection for the 1st quarter of 2016-17 indicates a growth rate of 30.8% |
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| 8-7-2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Press Information Bureau Government of India Ministry of Finance 08-July-2016 18:47 IST The figures of indirect tax collection for the 1st quarter of current fiscal 2016-17 indicates a growth rate of 30.8% as compared to the 36.3% in the corresponding period of previous financial year. Once the Additional Resource Mobilization(ARM) is removed, the growth rate in Q1 is 10.2%[Customs: 11.2%, Central Excise: 13.9% & Service Tax: 4.3%]. The details of Indirect tax revenue collections(prov.) in Q1, 2016-17 vis-à-vis Q1,2015-16, along with growth rate compared with the corresponding period of the previous year is tabulated below as:-
* Exclusive of cess administered by other Departments. DSM |
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