It may be noted that the central government had increased excise duty on petrol by Rs 13 per litre last year. The total excise duty collected on petrol at the moment is almost Rs 33 per litre or 36 per cent of the Rs 90.56 per litre retail price in Delhi. Meanwhile, excise duty on diesel was raised by Rs 16 per litre, taking it to Rs 31.80 per

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With this, the total incidence of excise duty on petrol has risen to Rs 32.98 per litre and that on diesel to Rs 31.83.

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Excise duty was raised by Rs 13 and Rs 16 per litre on petrol and diesel between March 2020 and May 2020, and now stands at Rs 31.8 on diesel and Rs 32.9 per litre on petrol. The increase in excise duty was to mop up gains arising from international crude oil prices falling to a two-decade low.

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2021-02-01 5 rows 2021-04-14 2021-02-22 2 days ago 2021-04-13 2021-03-03 2021-02-01 2021-03-03 2020-05-06 Claim: State governments are collecting more tax on petrol compared to the central government 2021-02-01 2021-01-14 2021-04-12 2021-01-17 2021-02-24 2021-04-13 In fact, the Centre took the decision to raise the excise duty on petrol (Rs 13 per litre) and diesel (Rs 15 per litre) in two instalments in March and May 2020 to shore up its revenues in the 2021-02-18 2021-02-01 2021-03-03 2021-02-18 2021-04-13 Updated: 07 Jan 2021, 05:13 PM IST PTI Majority of the citizens want excise duty on petrol and diesel reduced by 20 per cent or by ₹ 6 or more. This will reduce the price of petrol to ₹ 78 per litre and diesel to ₹ 68 per litre in Delhi and similarly across other states in India. 2021-04-13 As of now, a basic excise duty (BED) of Rs 2.98 per litre is levied on petrol, and another Rs 12 a litre is charged as special additional excise duty (SAED) and Rs 18 as road and infrastructure cess.

It is almost equal to the cost of crude Excise duty was raised by Rs 13 and Rs 16 per litre on petrol and diesel between March 2020 and May 2020, and now stands at Rs 31.8 on diesel and Rs 32.9 per litre on petrol. The increase in excise 2020-05-05 · The government on Tuesday evening hiked excise duty by a record ₹10 per litre on petrol and ₹13 per litre on diesel to garner ₹1.6 lakh crore additional revenue as it repeated its time-tested 2021-04-13 · Record excise duty on #petrol and #diesel helped indirect tax collections rise by more than 59 per cent in the fiscal year ended March 31 (2020-2021). So, when will govt reduce #fuelprices?
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2021-04-12 · According to official figures, the excise duty collection on the three essential commodities was Rs 12,35,870 crore in 2013-14. However by 2020-21 (till January 2021), these collections had gone With this, the total incidence of excise duty on petrol rose to Rs 32.98 per litre and that on diesel to Rs 31.83 a litre. Petrol costs Rs 84.70 a litre in Delhi and a litre of diesel comes for Rs Excise duty was raised by Rs 13 and Rs 16 per litre on petrol and diesel between March 2020 and May 2020 and now stands at Rs 31.8 on diesel and Rs 32.9 per litre on petrol. The increase in excise In fact, the Centre took the decision to raise the excise duty on petrol (Rs 13 per litre) and diesel (Rs 15 per litre) in two instalments in March and May 2020 to shore up its revenues in the 2021-02-01 · NEW DELHI: Petrol and diesel prices will not be cut as Finance Minister Nirmala Sitharaman ignored calls for a reduction in excise duty rates to help bring down prices from historic high levels.