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Govt raises windfall tax on crude petroleum to Rs 6,800/tonne from Rs 4,900/tonne

Before this, the government on March 15 increased windfall tax on crude petroleum to Rs 4,900/tonne from Rs 4,600/tonne.

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windfall tax: Govt hikes windfall tax on crude petroleum to Rs 6,800 per tonne

The government has increased the windfall tax on domestically produced crude oil to Rs 6,800 per tonne from Rs 4,900 per tonne, effective from April 4. This tax, implemented as Special Additional Excise Duty (SAED), aims to regulate the petroleum industry and ensure the prioritization of domestic fuel over exports. Notably, the export duty on diesel, petrol, and ATF will remain at zero.

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Govt Hikes Windfall Tax on Crude Petroleum, Cuts Levy on Diesel

The Special Additional Excise Duty on export of diesel has been cut to nil from Rs 1.50 a litre; on petrol and jet fuel or ATF, the levy has been retained at nil, Govt Hikes Windfall Tax on Crude Petroleum, Cuts Levy on Diesel

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Govt hikes windfall tax on crude petroleum cuts levy on diesel

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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India News | Govt Hikes Windfall Tax on Crude Petroleum, Cuts Levy on Diesel

Get latest articles and stories on India at LatestLY. The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from Rs 3,300 per tonne with effect from Friday.
India News | Govt Hikes Windfall Tax on Crude Petroleum, Cuts Levy on Diesel.

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Centre hikes windfall tax on crude petroleum, cuts levy on diesel

Centre hikes windfall tax on crude petroleum, cuts levy on diesel
newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.

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Govt hikes windfall tax to Rs 4,600 on crude petroleum, cuts levy on diesel

Govt hikes windfall tax to Rs 4,600 on crude petroleum, cuts levy on diesel
orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.

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Government raises windfall tax on crude oil, diesel export tax reduced

India Business News: The government has increased the windfall tax on domestically produced crude oil to Rs 4,600 per tonne from Rs 3,300 per tonne, effective from Friday.

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windfall tax | Centre hikes windfall tax on crude petroleum, cuts levy on diesel with effect from March 1

The tax is levied in the form of Special Additional Excise Duty (SAED)

India , Special-additional-excise-duty ,

Govt Hikes Windfall Tax On Crude Petroleum, Cuts Levy On Diesel

Govt Hikes Windfall Tax On Crude Petroleum, Cuts Levy On Diesel
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

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