Government slaps export duties on oil products
Capital MarketThe government has imposed special additional excise duty/cesses on exports of petrol and diesel of Rs 6 per litre and Rs 13 per litre on diesel, respectively. A cess of Rs 23,250 per tonne (by way of special additional excise duty) or windfall tax has been imposed on crude. A special additional excise duty (SAED) of Rs 6 per litre has also been imposed on exports of Aviation Turbine Fuel.
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