Govt hikes excise duty on petrol, diesel by ₹2/ltr; retail prices unchanged

The excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10, according to an official order

The Government of India, on Monday, raised excise duty on petrol and diesel by ₹2 per litre, according to an official notification by the Department of Revenue, Ministry of Finance.  The order stated that the change will take effect from April 8. The excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10, according to the order. 

Central Government raises excise duty by Rs 2 each on petrol and diesel: Department of Revenue notification pic.twitter.com/WjOiv1E9ch

— ANI (@ANI) April 7, 2025

 While the excise duty has been increased, the Ministry of Petroleum and Natural Gas has confirmed that there will be no burden on the common man as there will be no increase in retail prices of petrol and diesel. 

 

 

PSU Oil Marketing Companies have informed that there will be no increase in retail prices of #Petrol and #Diesel, subsequent to the increase effected in Excise Duty Rates today.#MoPNG

 

— Ministry of Petroleum and Natural Gas #MoPNG (@PetroleumMin) April 7, 2025

Earlier in December 2024, the government had scrapped the windfall profit tax on domestic crude and fuel exports, first imposed on July 1, 2022, amid falling global oil prices.