India's Indirect tax collections for the first 11 months of this fiscal rose by 20 percent to Rs.4.17 lakh crore, reports PTI.
The Budget targeted 27 percent growth in indirect tax collections in 2012-13.
Excise duty collections during April-February 2013 period totaled Rs.1.54 lakh crore, while customs duty and service tax collections were Rs.1.5 lakh crore and Rs.1.13 lakh crore, respectively, according to sources in the tax department.
The government had fixed the target of indirect tax collections at Rs.5.05 lakh crore for the current fiscal, an increase of around 27 percent from the 2011-12 target.
In February, indirect tax collections were Rs.41,000 crore.
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