You are here: Home » Economy & Policy » News
Business Standard

Govt cuts basic excise duty on petrol, diesel by Rs 2/litre

This has been done to cushion impact of rising international prices of crude petroleum oil & petrol & diesel on their retail sale prices

BS Web Team 

petrol, diesel, fuel
Photo: Shutterstock

Government on Tuesday reduced basic rate on and diesel, both branded and unbranded, by Rs 2/litre with effect from October 4, 2017.

"This has been done to cushion impact of rising international prices of crude & & on their retail sale prices," the said.

First Published: Tue, October 03 2017. 19:38 IST
RECOMMENDED FOR YOU