Govt hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF
New Delhi, Sep 16 (PTI) The government on Friday hiked special additional excise duty (SAED) on crude petroleum to Rs 10,000 per tonne with effect from September 16.
In the last fortnightly review on September 1, windfall tax on domestically produced crude oil was set at Rs 6,700/tonne.
Besides, the SAED or duty on export of diesel will be cut to Rs 5.50/litre, from Rs 6/litre currently.
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