Excise collection up 2%, service tax 14% in West Bengal for FY 14
April, 11th 2014
Central excise collection increased by nearly 2 per cent and service tax by 14-16 per cent during the FY 2013-14 for the Kolkata circle, but is short of the revised target.
"The final numbers are not yet released but approximately our excise collection has grown by 2 per cent and service tax by 14-16 per cent (during FY 2013-14) for our circle comprising West Bengal, Andamans and Sikkim," Chief Commissioner of Central Excise and Service tax, (Kolkata) Kameswari Subramanian told PTI here.
Collection from Andamans and Sikkim is negligible in the total collection for the circle.
"Though, we have missed the revised targets in both excise and service tax by 7 per cent and 8.6 per cent for 2013-14, our total collection has gone up over 2012-13," she said on the sidelines of an interactive session with members of the Bengal Chamber.
In 2012-13, the total collection for central excise in the circle was at Rs 8365.80 crore, and in case of service tax it was Rs 5441.29 crore, commissioner service tax C M Chandolia said.