Customs Duty Collections Records 19.8Pc Growth In Q1

New Delhi: Customs duty revenues of the Centre remain to be optimistic, with collections in the first quarter of the current fiscal registering a 19.8 per cent increase to Rs 23,571 crore as compared to Rs 19,677 crore collected in the same period last year. In June 2007, customs duty revenues of the Government increased to Rs 8,183 crore compared with Rs 7,059 crore in the same month last year. Excise duty collections for April-June 2007 improved by 6.8 per cent to Rs 25,161 crore (Rs 23,560 crore). In June 2007, the Centre’s excise duty collections was Rs 9, 313 crore (Rs 8,657 crore). Service tax collections during April-May 2007 stood at Rs 5,878 crore against Rs 4,163 crore in the same period last year. In May 2007, the Centre’s service tax collections was Rs 3,001 crore (Rs 2,188 crore).