The Central government has been raised the excise duties by Rs 10 per litre on petrol and 13 per litre on diesel, that will start from May 6. The increase in excise has comes to order during the crude oil price is remaining at the lower levels of $23.86 per barrel.excise duty Rs 10 for petrol 13 fir diesel
This duty increase is not going to lead the fuel price changes for retail consumers, stated by the official. As per the official notification, the excise duty has been divided on Rs 8 for the road and infrastructure cess, while Rs 2 for special additional excise duty.
In the same context, Rs 13 per litre duty increase in diesel will be divided into two sections for road and infrastructure cess (Rs 8), while Rs 5 for special additional excise duty.excise duty Rs 10 for petrol 13 fir diesel
All the revenue from this oil industry will be used for the infrastructure and another developmental item of expenditure stated in the official notice. People have started reacted over this excise duty on the social media that it is going to be hard to pay amid lockdown, when the majority of the citizen is not working or not getting the full salary to fulfil the requirements.