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PRESS RELEASE ON INDIRECT TAX COLLECTIONS DURING THE FINANCIAL YEAR 2016-17

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..... PRESS RELEASE ON INDIRECT TAX COLLECTIONS DURING THE FINANCIAL YEAR 2016-17
News and Press Release
Dated:- 11-4-2017

1. The indirect tax collections (Central Excise, Service Tax and Cust .....

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..... oms) in FY 2016-17are at ₹ 8.63 lakh crore, which is 22.0% higher than the actual revenue receipts in FY 2015-16. Till March 2017, about 101.35% of the Revised Estimates (RE) of indirect taxes f .....

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..... or Financial Year 2016-17 has been achieved. 2. As regards Central Excise, net tax collections stood at ₹ 3.83 lakh crore during FY 2016-17 as compared to ₹ 2.86 lakh crore in the previou .....

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..... s Financial Year, thereby registering a growth of 33.9%. 3. Net Tax collections on account of Service Tax during FY 2016-17 stood at ₹ 2.54 lakh crore as compared to ₹ 2.11 lakh crore in .....

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..... the previous Financial Year, thereby registering a growth of 20.2%. 4. Net Tax collections on account of Customs during FY 2016-17 stood at ₹ 2.26 lakh crore as compared to ₹ 2.10 lakh cr .....

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..... ore in the previous Financial Year, thereby registering a growth of 7.4%. ------------------xx-----------------
News - Press release - PIB .....

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