Bhopal:Tuesday, April 15:Rs 106 crore 11 lakh more excise revenue has been realised than the target set for the year 2007-08. Excise Commissioner Shri T Dharmarao informed that the Excise Department realised revenue to the tune of Rs 1856 crore 11 lakh against Rs 1750 crore target set for the year 2007-08.During the last year excise revenue amounting to Rs 319.80 crore was realised which is 21 percent more than the year 2006-07. During the year 2006-07, excise revenue to the tune of the Rs 1536 crore 31 lakh was realised which rose to Rs 1856 crore 11 lakh last year.
Similarly, the target of realising entertainment tax was fixed at Rs 19 crore for the year 2007-08. Against this target, Rs 20 crore 61 lakh was recovered which is Rs one crore 61 lakh more than the last year.
For the current year 2008-09, excise revenue target has been fixed at Rs two crore 75 lakh which is Rs 300.25 crore more than last year. Similarly, a Rs 18 crore target has been set for recovery of entertainment tax.