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Net Indirect Tax collection upto February 2017 stood at ₹ 7.72 lakh crore 22.2 more than the corresponding period last year

News and Press Release - Dated:- 10-3-2017 - Net Direct Tax collections upto February 2017 stood at ₹ 6.17 lakh crore, 10.7% more than the corresponding period last year Indirect Taxes The figures for indirect tax collections (Central Excise, Service Tax and Customs) up to February 2017 show that net revenue collections are at Rs 7.72 lakh crore, which is 22.2% more than the net collections for the corresponding period last year. Till February 2017, about 90.9% of the Revised Estimates (RE .....

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in the previous Financial Year, thereby registering a growth of 20.8%. Net Tax collections on account of Customs during April-February 2016-17 stood at ₹ 2.05 lakh crore as compared to ₹ 1.94 lakh crore during the same period in the previous Financial Year, thereby registering a growth of 5.2%. During February 2017, the net indirect tax grew at the rate of 8.4% compared to corresponding month last year. The growth rate in net collection for Customs, Central Excise and Service Tax was .....

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