Tag Archives: Decision on excise duty cut on petrol

Decision on excise duty cut on petrol, diesel when time comes: CBIC chairman

The government will look to reduce petrol and diesel prices by cutting taxes at the right time, said on Tuesday, the head of the agency is responsible for excise and other indirect tax collection. In fiscal year ended March 31, (2020-21) the record excise duty for petrol and diesel contributed to an increase of over 59% in indirect […]