Wednesday, June 2, 2021

Rising crude oil prices may impact margins of oil marketing companies: ICRA

"Unless the Centre and state governments cut the excise and VAT (value-added tax) rates, public sector oil marketing companies would be constrained in passing on further price hikes in the retail market," it said in a note.

from Energy-Industry-Economic Times https://ift.tt/2Tqv2GD

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