In October 2015, indirect tax revenue (provisional) collections increased by 36.8% compared with collections made in October 2014. Cumulatively, during April-October 2015, indirect tax collections increased by 35.9% over the collections made during the same period last year, while, the target growth rate for 2015-16 is 18.8%. Overall, in monetary terms, the indirect tax revenue (provisional) collections increased to Rs 3,82,860 crore during April-October 2015 from Rs.2,81,798 crore during April-October 2014. In the month of October 2015 alone, the collections increased to Rs.58, 691 crore from Rs.42, 897 crore in October 2014.Collections on account of Central Excise increased from Rs.87,588 crore in April-October 2014 to Rs.1, 47,685 crore in April-October 2015 and thereby registering an increase of 68.6 %. In case of Service Tax, collections increased from Rs. 89,379 crore in April-October 2014 to Rs. 1, 12,727 crore in April-October 2015 and thereby registering an increase of 26.1 %. Collections on account of Customs increased from Rs. 1, 04,831 crore in April-October 2014 to Rs. 1, 22,448 crore in April-October 2015 and thereby registering an increase of 16.8 %.
