Windfall Gains Tax On Crude Oil Slashed, Export Duty On Diesel Hiked | Power Breakfast | CNBC-TV18

Описание: The Centre has once again revised the windfall tax levied on crude oil, diesel and Aviation Turbine Fuel (ATF). According to a gazette notification issued by the Department of Revenue, Ministry of Finance, on Thursday, the tax on domestically produced crude oil has been cut in line with the softening rates. As per the notification, the tax on domestically produced crude oil has been reduced to Rs 13,000 per tonne from Rs 17,750.

The notification said that the windfall profit tax on the export of diesel has been hiked to Rs 7 per litre. The government has also levied a Rs 2 per litre tax on ATF exports.

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