The record
Written from the 1 report below. Nothing here is unsourced.
- The Indian government has reduced export duties on petrol, diesel and aviation turbine fuel through Finance Ministry notifications.
- The new export duty on petrol has been cut to Rs 0.5 per litre.
- The revised rates for all three fuels are effective from September 16.
- Lower export duties affect the taxation of fuel shipments sold abroad by Indian refiners.
What to watch next
- Whether further changes to fuel export duties are notified in later Finance Ministry notifications.
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Named India · Ministry of Finance
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