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Industry & Economy - Excise and Customs
Customs duty collections up 19.8% in Q1

Our Bureau

New Delhi, July 12 Customs duty revenues of the Centre continue to be buoyant, with collections in the first quarter of the current fiscal recording a 19.8 per cent increase to Rs 23,571 crore as compared to Rs 19,677 crore collected in the same period last year. In June 2007, customs duty revenues of the Government increased to Rs 8,183 crore compared with Rs 7,059 crore in the same month last year.

Excise, service tax

Excise duty collections for April-June 2007 increased by 6.8 per cent to Rs 25,161 crore (Rs 23,560 crore).

In June 2007, the Centre’s excise duty collections stood at Rs 9, 313 crore (Rs 8,657 crore).

An official release said that service tax collections during April-May 2007 stood at Rs 5,878 crore against Rs 4,163 crore in the same period last year. In May 2007, the Centre’s service tax collections stood at Rs 3,001 crore (Rs 2,188 crore).

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