India Cuts Windfall Tax on Diesel and ATF Exports

India's Finance Ministry announced a reduction in excise duty on diesel and ATF exports and waived the road and infrastructure cess on diesel exports for the next fortnight.

1 May, 03:11 — 1 May, 03:11

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Times of IndiaMostly Factual2d ago

Windfall gains tax cut: Excise duty on diesel exports down to Rs 23/litre, ATF exports to Rs 33/litre

In a statement, the Finance Ministry also announced that the road and infrastructure cess on diesel exports will be waived for the next fortnight starting May 1. Meanwhile, the export duty on petrol will continue to remain at zero.

By TOI BUSINESS DESK

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India Cuts Windfall Tax on Diesel and ATF Exports

Sources

Windfall gains tax cut: Excise duty on diesel exports down to Rs 23/litre, ATF exports to Rs 33/litre

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