Centre hikes windfall profit tax on export of diesel, ATF; cuts tax on domestic crude oil | Mint - Mint


8/18/2022 12:00:00 AM2 years 8 months ago
by Livemint

At the third fortnightly review, the government raised the windfall profit tax on the export of diesel to ₹7 per litre from ₹5 a litre and brought a ₹2 a litre tax on jet fuel (ATF) exports

Amid a recent fall in international oil prices and refining spreads, India on Thursday hiked the windfall profit tax on the export of diesel to 7 per litre and brought back a tax on jet fuel exports.… [+2886 chars]

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