Govt gets Rs 18,623 crore through customs, excise duty in Aug

New Delhi, Sep 12 (PTI) Customs and excise duties have added Rs 18,623 crore to the government kitty in August this year, 12.8 per cent more than the corresponding month last fiscal. This took the total tax collected through the two levies during the first five months of this fiscal to Rs 85,039 crore, up 11.9 per cent over Rs 76,005 crore a year ago.

Excise duty collection, which otherwise was lagging behind, grew by nine per cent in August to touch Rs 9,898 crore over Rs 9,082 crore in the same month last year. The collection in July was up 2.1 per cent year-on-year.

For April-August, excise duty collections grew by 6.3 per cent at Rs 44,469 crore.

Customs duty yielded 17.5 per cent more revenue at Rs 8,725 crore for August. For the first five months, the customs duty collection was up 18.7 per cent at Rs 40,571 crore.

Services duty collections were robust, growing by 36.4 per cent at Rs 3,532 crore in July this year, against Rs 2,589 crore in the same month last year.

The levy fetched Rs 13,636 crore for the first four months of this fiscal, up 38.5 per cent over Rs 9,849 crore in the corresponding period last year.

All the three indirect levies yielded Rs 21,173 crore in July, up 12.3 per cent over Rs 18,847 crore in the same month last year. PTI