Tuesday, October 4, 2022

Petrol-Diesel Excise Duty: Big news again on Petrol-Diesel, excise duty will not be imposed on petrol; relief on diesel

Petrol-Diesel Export: Once again a big announcement has been made by the government regarding petrol-diesel. Now a big relief has been announced in the excise duty on the export of petroleum products. Amending the order given on June 30, the Finance Ministry has given relief in excise duty on the export of petrol and diesel. In the information given by the Ministry of Finance, it was told that now the excise duty on petrol will be completely abolished.

Excise duty on diesel reduced to Rs 10,
Let us tell you that earlier the excise duty on petrol was Rs 5 but it has been announced to abolish it. Apart from this, the excise duty on diesel has been reduced from Rs 12 to Rs 10. The Finance Ministry has also reduced the excise duty on Aviation Turbine Fuel (ATF) from Rs 6 to Rs 4. Excise duty on crude oil has been reduced. From Rs. 23,250 to Rs. 17,000 per kilogramme.

Read More: Nitin Gadkari on Petrol: People questioned how the car would function after Union Minister Gadkari’s shocking statement that “Petrol will be finished in the next five years.”

Excise duty of Re 1 also abolished
According to the information given by the Finance Ministry, the additional excise duty of Re 1 will also not be applicable on petrol and diesel. No excise duty will be levied on petrol and diesel from Special Economic Zones (SEZs).

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 YouTube                  Click Here
🔥 Facebook Page                  Click Here
🔥 Instagram                  Click Here
🔥 Telegram Channel                   Click Here
🔥 Google News                  Click Here
🔥 Twitter                  Click Here
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img

Most Popular

spot_img

Latest

Vistara Airlines Live TV Service: Vistara passengers will be able to watch World Cup matches during the flight, live streaming starts in the airline

Vistara On Board Live TV: If you travel by Vistara Airlines, then you will be happy to hear this news. Passengers will now be...

Six significant changes took effect on October 1st: cheaper cylinders, tokenization technology adopted for card payments, higher interest rates on small savings plans.

October 1st brought about a lot of changes. Income taxpayers will be unable to participate in the Atal Pension Scheme. In addition, a tokenization...

Card tokenization regulations that go into effect from October 1st prohibit businesses from saving credit and debit card information and require them, understand...

Beginning on October 1st, new rules will apply to cardholders who use debit and credit cards. The Reserve Bank of India's (RBI) Card-on-File Tokenization...

Digital Life Certificate: Pensioners get exemption on submission of life certificate, know new update, follow these steps

Deadline for submission of life certificate: If you take advantage of any pension scheme from the central government, then this news can prove to...

Toyota Cars Price Hiked: Toyota has increased the prices of these vehicles, now will have to spend 77 thousand rupees more

Toyota Fortuner, Innova Price: Toyota's SUV has a stronghold in the Indian market. Among these, Innova Crysta and Fortuner have a lot of sales....

Most Popular

Subscribe

* indicates required