Indirect tax collection for the 1st quarter of 2016-17 indicates a growth rate of 30.8%
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:-
| Tax Head | BE | June | April-June | % of BE achievement | ||||
| 2016-17 | 2015-16 | 2016-17 | % Growth | 2015-16 | 2016-17 | % Growth | ||
| Customs | 230000 | 17414 | 18507 | 6.3 | 47450 | 54808 | 15.5 | 23.8 |
| Central Excise* | 317000 | 21949 | 30982 | 41.2 | 60787 | 91225 | 50.1 | 28.8 |
| Service Tax | 231000 | 16914 | 18266 | 8.0 | 44503 | 53757 | 20.8 | 23.3 |
| Total | 778000 | 56277 | 67755 | 20.4 | 152740 | 199790 | 30.8 | 25.7 |
* Exclusive of cess administered by other Departments.