Indirect tax collections up by 11.7% in April-Nov
The indirect tax collections for the period April-November 2004 was up by 11.73%.
Collections touch Rs 1,02,553.25 crore as against Rs 91,790.21 crore recorded during the same period in the previous financial year.
++ customs duty increased by 12.1 per cent to Rs 35,720.24 crore (Rs 31,863.73 crore),
++ excise duty at Rs 59,819.26 crore (Rs 55,605.40 crore).
++ service tax collections during the first eight months have increased by 62.31%
++ more than 1,43,000 service providers obtained registration in the special camps organised by the Central Excise Department across the country during October and November for on-the spot registration.
++ During April-November, customs duty amounting to Rs 167.63 crore has been realised from "unscrupulous importers" and show-cause notices demanding duty of Rs 745.24 crore have been issued.
++ From April 1 to December, the Revenue Department has issued notices demanding duty of Rs 1,450 crore to "unscrupulous manufacturers" who were evading Central excise duty.
++ evasion prone commodities are automobile components and parts, iron and steel products, pan masala, gutkha, chewing tobacco, polyester yarn and bulk drugs.
++ value of narcotic drugs seized during the first eight months of the financial year is approximately Rs 53 crore.