India has reduced the special additional excise duty on petrol to Rs 3 per litre and cut it to nil on diesel, according to a government order dated Thursday, which replaces the earlier levy structure with immediate effect, even as global fuel prices remain volatile due to disruptions triggered by the Iran conflict.Based on the latest revision, the duty on petrol has been reduced to Rs 3 per litre from earlier higher levels, while diesel has seen a complete removal of the levy. Previously...
India cuts tax on petrol, diesel by Rs 10/ltr
स्रोत: Economic Times
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