70% growth in Central Excise Revenue

By Vijay Kumar

IT is raining Revenue in Indirect Taxes. The Revenue Secretary has tweeted:

Provisional Rev figures for indirect tax for April 16 is Rs 64394 crores which is a 41% growth over April 15 (45417).Growth without ARM is 17%.

Growth of 22% in Customs(17495 as against 14286) 70% in CE(28252 as against 16546 )& 27% in Service Tax (18647 as against 14585)