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Centre Increases Excise Duty On Petrol, Diesel By Rs 2 Per Litre

The order did not mention about the impact on retail prices. According to reports, the retail prices are unlikely to be changed.

petrol diesel
Centre Increases Excise Duty On Petrol, Diesel By Rs 2 Per Litre
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The government on Monday hiked excise duty on petrol and diesel by Rs 2 per litre each, according to an official order.

The excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10, the order said.

The order did not mention about the impact on retail prices. According to PTI, the retail prices are unlikely to be changed.

The increased excise duty is likely to be adjusted against the cut in petrol and diesel prices that was warranted because of a fall in international oil prices.

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