Government Raises Excise Duty On Petrol, Diesel By Rs 3 Per Litre
New Delhi:
Excise accountability on petrol and diesel was once on Saturday hiked via Rs 3 in keeping with litre as the federal government regarded to mop up features coming up from fall in global oil costs.
Particular excise accountability on petrol was once hiked via Rs 2 to Rs eight in keeping with litre incase of petrol and to Rs four incase of diesel, an respectable notification stated.
Moreover, highway cess on petrol was once raised via Rs 1 in keeping with litre every on petrol and diesel to Rs 10.
The rise in excise accountability would in customary direction lead to a hike in petrol and diesel costs however maximum of it will be adjusted towards the autumn in charges that will have necessitated on account of droop in global oil costs.