The Jammu and Kashmir government has recorded over 11 per cent growth in realisation of excise tax revenue in the first five months of current fiscal collecting Rs 512.20 crore, despite two-and-a-half months long unrest in Kashmir Valley.
The Excise Department has registered a growth of 11.75 per cent in the first five months of the current fiscal year with a revenue realisation of Rs 512.20 crore, which is Rs 53.85 crore more than the corresponding period of the last financial year, Excise Commissioner Tsering Angchok said.
Angchok said this at a meeting convened under the Chairmanship of Commissioner Secretary Finance Navin K Choudhary here to review physical and financial achievements during the current financial year.
The Excise Commissioner spoke about achievements of the department in the sectors of excise, toll and entertainment duty.
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