Fuel Excise Duty

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  War Impact On Crude Oil Raises GST Question. Why It's Easier Said Than Done

  While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.

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  As Petrol Price Trends, A Look At 5 Most Fuel-Efficient Cars On Sale In India

  Petrol prices have always been a concern among car owners, leading them to choose the most fuel-efficient cars; for all such consumers, here's a list.

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  "People-Centric Governance": Amit Shah As Government Cuts Fuel Excise Duty

  In a notification issued late on Thursday, the Union Finance Ministry slashed the excise duty on petrol to Rs 3 a litre from Rs 13 earlier. It has exempted diesel from the duty, while the levy was Rs 10 earlier.

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  Late Night Meet With PM Modi: Inside Story On Excise Duty Cut On Fuel

  Sources said the Prime Minister reviewed the situation and directed officials to ensure that any surge in international oil prices does not burden the common people.

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  Excise Duty Cut On Petrol, Diesel: Check Latest Fuel Prices In Your City

  Following the revision, central taxes on petrol have come down to Rs 3 per litre, while diesel now attracts zero excise duty.

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  Excise Duty On Petrol Cut To Rs 3, Diesel To Zero: Will Fuel Prices Reduce?

  Excise Duty On Petrol Cut To Rs 3 From Rs 13, Diesel To Zero From Rs 10

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  India's Largest Cigarette Maker ITC Plunges 10% After Tobacco Tax Hike

  Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on Indias largest cigarette maker.

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  Excise Duty On Petrol, Diesel Hiked By Rs 2/Litre, No Change In Retail Prices

  The government on Monday hiked excise duty on petrol and diesel by Rs 2 per litre each, according to an official order.

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  Cut Excise Duty on Fuel, Boost Consumption: Industry Body To N Sitharaman

  With the Union Budget 2025-26 slated for February 1, the Confederation of Indian Industry (CII) has demanded a slew of measures from the Finance Ministry, urging that the focus should be on boosting consumption, upping the daily minimum wage.

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  Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports

  The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.

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  Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains

  Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.

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  Fuel Price Cut Unlikely, Top Official Says Crude Prices Have "Softened"

  There's no reason to lower excise duty on petroleum products, Revenue Secretary Sanjay Malhotra told NDTV today, explaining that it was already done twice when crude prices were at their peak.

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  These States Have Further Reduced Petrol, Diesel Prices After Centre's Excise Duty Cut

  Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.

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  Maharashtra Cuts VAT On Petrol, Diesel Post Centre's Excise Duty Reduction

  Just a day after central government announced reduction in excise duty on petrol and diesel, Maharashtra government has gone on to reduce VAT on petrol by Rs. 2.08 and on diesel by Rs. 1.44.

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  On Fuel Price Cut, Nirmala Sitharaman's Before-2014-And-After Comparison

  Ms Sitharaman, in a series of tweets, explained that the excise duty component that has been slased not shareable by the state and the Centre bears the full cost.