How much Service Tax was collected during the last year?

By Vijay Kumar

Let's ask the DG, Service Tax. You don't need to ask him. He has furnished the particulars in his Annual Performance Report available at www.servicetax.gov.in. According to him, "Two sets of revenue figures are available with the Directorate (a) Data compiled on the basis of reports from Zonal Chief Commissioners/Central Excise Commissionerates (Rs.7750.20 crores) (b) Flash figure (Rs.7889.97 crores) reported by the Principal Chief Controller of Accounts, New Delhi"

So what is the figure? Even the DG is not sure! So that's the great Indian Reporting Service for you.

And you know where does the chunk of Service Tax revenue come from? According to the DG, 55% of the revenue comes from telecom and insurance! All the problems are relating to the other 45%!.