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Petrol, diesel prices hiked in Delhi as govt raises VAT Excise Duty Collection Jumps 48% This Fiscal on Record Hike in Taxes on Petrol, Diesel. Excise duty collection during April-November 2020 was at Rs 1,96,342 crore, up from Rs 1,32,899 crore mop-up The government had raised excise duty in March when crude oil prices were down. The excise duty on petrol was raised to Rs 32.98 per litre from Rs 19.98 and diesel to Rs 31.83 per litre from Rs 15.83. 2020-05-05 · With this, the total incidence of excise duty on petrol has risen to ₹32.98 per litre and that on diesel to ₹31.83. Dharmendra Pradhan on Wednesday ruled out any cut in excise duty.

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Excise duty on petrol in india

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The excise duty on petrol was raised to Rs 32.98 per litre from Rs 19.98 and diesel to Rs 31.83 per litre from Rs 15.83. 2020-05-05 · With this, the total incidence of excise duty on petrol has risen to ₹32.98 per litre and that on diesel to ₹31.83.

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The Central govt has different taxes, which amount to  Feb 19, 2021 In fact, the Centre took the decision to raise the excise duty on petrol (Rs 13 per litre) and diesel (Rs 15 per litre) in two instalments in March  Prices · Crude Oil Price (Indian Basket) · Central Excise and Customs Tariff Table · Sales Tax · Contribution to Central and State Exchequer · Dealers/Distributors  Mar 1, 2021 NEW DELHI Reuters) - India's finance ministry is considering cutting excise duties on petrol and diesel to cushion the impact of record high  Jan 26, 2021 What fuel taxes mean for India. Breaking down the excise tax on fuel Gupta said that if you buy a litre of petrol or a litre of diesel, 63 per cent of  Feb 17, 2021 As a result, the Centre's tax (basic excise, surcharge, agri-infra cess and road/ infra cess) is currently Rs 31.83/litre for diesel and Rs 32.98/litre for  Mar 2, 2021 The high fuel prices have prompted some Indian states to cut state-level taxes on petrol and diesel to rein in prices. At 69%, India's taxes on petrol, diesel highest in world. With this excise duty hike, the total incidence of excise duty on petrol has risen to Rs 32.98 per litre and  Jul 15, 2020 The total incidence of excise duty on diesel has risen to Rs 31.83 and on petrol it is risen to Rs 32.98 per litre.
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moneycontrol.com - Govt hikes excise duty on petrol by Rs 10

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