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    Jammu KashmirCentre cuts windfall tax on petrol, diesel, ATF
    Jammu KashmirLatest News

    Centre cuts windfall tax on petrol, diesel, ATF

    By: Northlines

    Date:

     NEW DELHI, July 20: The Government on Wednesday, July 20, 2022, slashed the windfall tax on petrol, diesel, jet fuel and crude oil following a decline in rates.

    It scrapped a ₹6 a litre tax on export of petrol and reduced the same on aviation turbine fuel (ATF) from ₹6 a litre to ₹4. Besides, the tax on diesel has been reduced to ₹11 from ₹13 per litre, according to Ministry notifications.

    Further, the ₹23,250 per tonne additional tax on crude oil produced domestically has been cut to ₹17,000 per tonne. (Agencies)

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