Centre scraps petrol export duty, raises diesel levy to Rs 11.5 per litre
On October 31, the Centre eliminated the Rs 2.5 per litre duty on petrol exports. At the same time, it increased the export duty on high-speed diesel from Rs 8.5 to Rs 11.5 per litre. The duty on aviation turbine fuel was also raised, moving from Rs 10.5 to Rs 11 per litre. The changes thus lower the levy on petrol while tightening it on diesel and aviation fuel.
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