The reduction in Customs duty on crude oil to zero from 5 per cent will result in a gain of around Rs 12,000 crore for the country's oil refining companies, analysts said.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The country&#39;s four public sector refiners 

Cut in Customs duty to add Rs 12,000 cr to refiners' kitty

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