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CBEC must aim at 22% growth in service tax

Concerned over low service tax realisation, Revenue Secretary Shaktikanta Das on Monday asked the Central Board of Excise and Customs to analyse revenue mop- up sectorally and ensure that it grows 20- 22 per cent this financial year. “ We need to analyse why service tax growth hovers around 16 per cent.... I would expect growth at least 20- 22 per cent.”
Business Standard, New Delhi, 25th August 2015

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