TMI BlogPRESS RELEASE ON INDIRECT TAX COLLECTIONS DURING THE FINANCIAL YEAR 2016-17X X X X Extracts X X X X X X X X Extracts X X X X ..... PRESS RELEASE ON INDIRECT TAX COLLECTIONS DURING THE FINANCIAL YEAR 2016-17 X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ore in the previous Financial Year, thereby registering a growth of 7.4%.
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