Tag: windfall tax on domestic crude

Centre hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF

September 29, 2023 admin

The SAED or duty on export of diesel will be cut to ₹5 per litre, from ₹5.50 per litre currently. Image for representation purpose only. File | Photo Credit: AP The government on Friday hiked special additional excise duty (SAED) on crude petroleum to ₹12,100 per tonne with effect from September 30. In the last…

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Govt. hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF

September 15, 2023 admin

Image used for representative purpose only. | Photo Credit: AP The government on Friday hiked special additional excise duty (SAED) on crude petroleum to ₹10,000 per tonne with effect from September 16. In the last fortnightly review on September 1, windfall tax on domestically produced crude oil was set at ₹6,700/tonne. Besides, the SAED or…

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