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excise duty on diesel

Cut in excise duty will have no impact on refiners’ profitability

Cut in excise duty will have no impact on refiners’ profitability

Fri, Oct 06, 2017

Since the time excise duty has been reduced, petrol and diesel prices have come down by more than Rs 2 per litre. Moody's believes this decline will boost demand for fuel in India.

Excise duty on petrol, diesel cut by Rs 2 per litre; revenue loss of Rs 13,000 crore in FY18

Excise duty on petrol, diesel cut by Rs 2 per litre; revenue loss of Rs 13,000 crore in FY18

Tue, Oct 03, 2017

Petrol and diesel prices have reached to a three year high since the time they have undergone daily revision - which has impacted India's Wholesale Price Index (WPI) inflation too.

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