Over Rs 19,000 crore collected as Additional Excise Duty on Petrol and Diesel in 2012-13

The total amount collected from Additional Excise Duty during the years 2012-13 (Provisional) is 19,333 crore. The amounts collected during 2011-12 and 2010-11 are Rs 18,428 crore and Rs 16,979 crore respectively. The State-wise information of Additional Excise Duty collected on Diesel and Petrol is not maintained.

The revenue from Additional Excise Duty is initially credited to the Consolidated Fund of India and thereafter, Parliament; by appropriation credit such proceeds after adjusting cost of collection to the Central Road Fund (CRF). The CRF is, thereafter, distributed by Planning Commission amongst three Ministries i.e. Ministry of Rural Development, Ministry of Railways and Ministry of Road Transport & Highways in the manner prescribed under section 10(viii) of the Central Road Fund Act, 2000.

The government is collecting Additional Excise Duty (Road Cess) on Petrol and Diesel at Rs 2.00 per litre. In addition, Education Cess @ 2% and higher Education Cess @ 1% (total 3%) is also applicable on excise duty and customs duty levied on petroleum products.

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