16
Jul
New Delhi (Rajeev Sharma): Amid a fresh spike in global crude oil prices triggered by escalating tensions in West Asia, the Central Government has announced a revision in windfall taxes on petroleum exports. While export duties on diesel and aviation turbine fuel (ATF) have been increased significantly, the levy on petrol exports has been reduced. The revised rates will take effect from July 16. As per the latest notification, the export duty on diesel has been raised by ₹7 per litre, taking it from ₹8.5 per litre to ₹15.5 per litre. A similar increase has been made for aviation turbine…
