Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: form 3cd :: due date for vat payment :: VAT RATES :: ACCOUNTING STANDARDS :: VAT Audit :: cpt :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: list of goods taxed at 4% :: empanelment
 
 
« Indirect Tax »
 10 groups set up under senior taxmen to examine issues and report by April 10
 Indirect tax wing rejigged ahead of GST launch
 Grey areas remain for foreign investors on tax issues
 GST: New indirect tax regime to remove inter-state barriers, stimulate exports, says Nirmala Sitharaman
 Cabinet Approves 4 GST Supplementary Bills
 GST Council approves all five draft bills ahead of new indirect tax regime
 CAG questions income tax deparment’s ability to probe shell companies
 Income from MF investments must be shown in income tax returns
 Indirect tax higher than direct tax revenues in April-Feb
 Many foreign investors reach out to tax experts about indirect transfer of shares provisions
 How changes in capital gains norms impact your portfolio

Indirect tax collections grow up by 33% in last month
November, 17th 2010

Aided by strong show on the customs duty front, the Centre's indirect tax collections recorded a robust 33.15 per cent increase in October 2010 to Rs 29,574 crore (Rs 22,211 crore). This collection performance was higher than the indirect tax collections of Rs 26,476 crore in September this year.

The Centre's customs duty collections grew 61.36 per cent in October to Rs 12,120 crore (Rs 7,511 crore) on the back of increased imports. Introduction of import duties on crude oil in this year's budget has also helped bolster customs duty collections. In April-October period, the Centre's customs duty collections recorded 65.9 per cent increase to Rs 75,349 crore (Rs 45,418 crore).

On the excise duty front, the collections in October grew 14.47 per cent to Rs 10,244 crore (Rs 8949 crore).

In the first seven months of the current fiscal, excise duty collections grew 36.2 per cent to Rs 71,078 crore (Rs 52,186 crore). This represents about 54 per cent of the budget target of Rs 1.32 lakh crore for 2010-11.

The Centre's service tax collections in October registered a 25.37 per cent increase to Rs 7,210 crore (Rs 5,751 crore). During April-October , the service tax collections registered 16.9 per cent increase to Rs 33,833 crore (Rs 28,942 crore), an official release said.

On an overall basis, the Centre's indirect tax collections recorded 42.4 per cent increase in April-October to Rs 1,80,261 crore. This represents 57.5 per cent of the budget estimate of Rs 3.15 lakh crore for 2010-11.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System development CMS development Content Management Solutions CMS Solutions Content Management Services CMS Services CMS Software

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions