Centre raises excise duty on petrol by ₹10 per litre and on diesel by ₹132 min read . Updated: 06 May 2020, 09:43 AM IST
The price hike will be absorbed by Oil Marketing Companies leading to no increase in retail prices of fuel at the pump
New Delhi: The government on Tuesday raised the excise duty on petrol by a steep ₹10 per litre and on diesel by ₹13 petrol litre to mobilise revenue collections at a time when the global oil prices are extremely low.
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