India cuts special additional excise duties on petrol, diesel

India has reduced special additional excise duties on petrol and diesel, effective from a recent government order.

Source: Reuters (via feed)




India has cut the special additional excise duties on petrol and diesel. According to a government order dated Thursday, the duty on petrol is now 3 rupees per litre. The duty on diesel has been reduced to zero rupees per litre.

BizTrendWire Insight:

The government order specified the new excise duty rates for petrol and diesel. These rates apply to fuel taxation.


Read full story on Reuters

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