The excise duty on petrol has been cut to Rs 3 per litre from Rs 13 per litre earlier. This marks a reduction of Rs 10 per litre. Excise duty on diesel has been brought down to Rs 0 per litre from Rs 10 per litre earlier, also a cut of Rs 10 per litreThe government has reduced the additional excise duty on petrol and diesel, offering relief at a time when fuel prices have been a concern due to the ongoing conflict in West Asia.
As per a government order dated Thursday, the excise duty on petrol has been cut to Rs 3 per litre from Rs 13 per litre earlier. This marks a reduction of Rs 10 per litre.
