Centre scraps petrol export duty as diesel levy rises to Rs 11.50 per litre

The Centre on Saturday, scrapped the Rs 2.50 a litre export duty on petrol, the finance ministry said.
The diesel export levy rises by Rs 3 to Rs 11.50 a litre, and ATF by 50 paise to Rs 11.
The levies were brought in late March to keep fuel at home as the West Asia conflict lifted prices.
These are export duties, and domestic petrol and diesel prices have been left unchanged.

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer