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Government slaps export tax on petrol, diesel; windfall tax on domestic crude oil

Shortpedia

Content Team
Image Credit: the print

The government on Friday slapped a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel. The government also slapped a Rs 23,230 per tonne additional tax on domestically produced crude oil to take away windfall gains accruing to producers from high international oil prices, a separate government notification showed.