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The government on Tuesday slashed windfall tax on domestically produced crude oil to ‘nil’ per tonne. While the SAED on the export of diesel, petrol and jet fuel or ATF, has been retained at ‘nil’. The new rates are effective from September 18, an official notification said…
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Government removes windfall tax on domestic crude, retains zero duty on fuel exports
The government on Tuesday slashed windfall tax on domestically produced crude oil to ‘nil’ per tonne. While the SAED on the export of diesel, petrol and jet fuel or ATF, has been retained at ‘nil’. The new rates are effective from September 18, an official notification said…