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Bengal tax kitty rises

Kameswari Subramanian in Calcutta on Thursday. A Telegraph picture

Calcutta, April 10: The central excise and service tax collection in the Bengal circle has shown marginal growth in 2013-14. While central excise has grown nearly 2 per cent, service tax has expanded between 14 per cent and 16 per cent.

“The final numbers are yet to be released, but approximately, our excise collection has grown 2 per cent and service tax by 14-16 per cent in our circle, which comprises Bengal, the Andamans and Sikkim,” Kameswari Subramanian, chief commissioner of central excise and service tax (Calcutta), said at an event organised by the Bengal Chamber of Commerce and Industry.

According to her, the collection from the Andamans and Sikkim was only a negligible portion of the total collection from the circle, with Bengal contributing the majority.

However, even though the overall collection for excise and service tax has increased year-on-year, actual collection has fallen short of the target by about 7 per cent and 8.6 per cent, respectively.

 
 
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