Excise duty on diesel exports cut to Rs 23/ltr, ATF exports to Rs 33/ltr
NEW DELHI, May 1 (PTI): The government has cut the windfall gains tax on the export of diesel to Rs 23 per litre and aviation turbine fuel to Rs 33/litre, effective Friday.
The finance ministry, in a statement, said there will be no change in existing excise duty rates on petrol and diesel for domestic consumption.
The special additional excise duty on export of diesel was reduced to Rs 23 per litre from Rs 55.5 per litre, and aviation turbine fuel to Rs 33 per litre from Rs 42 per litre.
