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The Economic Times
The Economic Times

India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exports

The Indian government on Wednesday raised windfall taxes on diesel and aviation turbine fuel (ATF) exports while cutting the levy on petrol exports, effective July 16 in its latest fortnightly review of windfall tax.

According to finance ministry notifications, the export duty on petrol has been reduced to Rs 2.5 per litre from Rs 4 r per litre.

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