Despite a cut in special additional excise duty on fuel, petrol and diesel prices will not decrease at retail level, as the government absorbs costs to support oil marketing companies amid high international prices. The duty on petrol was reduced from ₹13 to ₹3 per litre and diesel to nil.
Petrol, diesel price build-up: How much tax do you pay on one litre of petrol and diesel? Here’s a breakdown
Despite a cut in special additional excise duty on fuel, petrol and diesel prices will not decrease at retail level, as the government absorbs costs to sup…
Lok Darpan
