
The union government levies Rs 32.9 per litre of excise duty on petrol and Rs Rs 31.80 a litre on diesel. Retail petrol rates have risen by Rs 19.16 per litre since mid-March 2020, after the government raised taxes by a record margin to mop up gains arising from fall in international oil prices. Diesel rates have gone up by Rs 16.77.
from Industry-Economic Times
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