
During November, the customs duties collections climbed by 15.2% to Rs 100,062 crore and service tax collections also increased by 43 per cent to Rs 7,232 crore. Overall indirect tax collections rose by 6.36% to Rs 31,082 crore against Rs 29,222 crore reported a year ago.
The Central Board of Excise and Customs (CBEC) Chairman SK Goel said, "I am optimistic of achieving the revised indirect tax targets of over Rs 4 lakh crore."
In November, domestic car sales have gone up by 7%, this increase in industry has raised hopes of increase in excise collection.
Goel said “We have achieved 63.04 % of budget estimates of indirect taxes till November against 62.83 % in the same period of the previous fiscal … I am optimistic of achieving the revised indirect tax target of over Rs.4-lakh crore”. By adding further he said, "there has been a fall in Central Excise, which is a matter of concern.... I have called a meeting to discuss why central excise is showing negative growth."
More From GoodReturns

New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?

LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged

Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?

Gas Cylinder Booking Rules: 5 Things To Know For Your 14.2Kg, 19KG, 5KG, 10KG LPG Booking In April 2026

Gold Rate Today Continues Rally, 24K Jumps Over Rs 35000 in 2 Days; 22K & 18K Gold, Silver Prices in Delhi

Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya

Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April

Gold Price Today, April 3: 22K, 24K Rates Jump Across Tanishq, Malabar, Kalyan & Joyalukkas & IBJA

5 New Shares On One Soon: Anil Agarwal's Vedanta Demerger To Take Place in April, Says Report

Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March

Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis



Click it and Unblock the Notifications