New Delhi, April 2 The government has slightly exceeded its indirect tax collection target for fiscal 2025-26, an official said on Thursday.
Total indirect tax collection, which includes customs, excise, and GST, as per the Revised Estimates (RE), was set at over ₹15.52 lakh crore for FY26. This includes ₹2.58 lakh crore from customs duty, ₹3.38 lakh crore from excise duty, and ₹9.58 lakh crore from the Central Goods and Services Tax (CGST).
Without revealing specific figures, the official said that revenue from customs duty was 102% of the RE, while for excise duty, it was 101% of the RE. Central GST collection was also 100.8% of the RE for FY26.
"Overall, GST plus non-GST collection reached 101.2% of the RE," the official said.
However, collections from the health and national security cess, which is levied on pan masala manufacturing, fell short of the target.
The RE had estimated ₹2,330 crore from the health and national security cess collection in FY26. However, the actual collections for FY26 were lower at 63% of the RE.
The RE had projected collections from the health and national security cess at ₹2,330 crore for FY26. However, actual collections fell short, reaching only 63% of the RE.
Under the Health and National Security Cess Act, a cess is levied on the manufacturing capacity of pan masala units, effective from February 1, 2026. This cess is levied on top of the highest 40% GST rate.
The official stated that collections from the cess are expected to improve in the current fiscal as the levy becomes more established. The government has budgeted to collect ₹14,000 crore from the cess this fiscal.
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