NEW DELHI: The Centre on Tuesday revised the windfall tax on fuel exports, increasing the levy on petrol while reducing duties on diesel and aviation turbine fuel (ATF). The revised rates will come into effect from July 1.According to a finance ministry notification, the special additional excise duty (SAED) on petrol exports has been increased … Read more
Petrol, diesel retail sale curbs for commercial users lifted NEW DELHI: Rolling back yet another emergency measure introduced to ensure equitable distribution of fuel during West Asia conflict, govt Monday decided to lift restrictions on sale of petrol and diesel to commercial users from retail pumps from July 1. The temporary restrictions on the sale … Read more
The Centre has decided to lift temporary restrictions on the sale of petrol and diesel from July 1, ending curbs imposed earlier this month to prevent local fuel shortages amid disruptions to global supply chains caused by the conflict in the Middle East.In an order issued on Monday, the government said it had reviewed the … Read more