Saturday, October 15, 2022

Centre raises windfall profit tax on diesel, ATF export; hikes tax on domestic crude oil

​​The government also hiked the levy on domestically produced crude oil too by Rs 3,000 per tonne to Rs 11,000 in line with the hardening global prices. The finance ministry has brought about a hike in export taxes on crude, diesel and ATF After lowering the tax rates for two consecutive fortnights mirroring fall in global crude prices.

from Energy-Industry-Economic Times https://ift.tt/Kutxe74

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