Excise duty on petrol up by ₹10, diesel by ₹13 a litre
NEW DELHI : The government on Tuesday night hiked the excise duty on petrol by steep ₹10 per litre and that on diesel by ₹13 a litre.
The hike in duty has taken away gains from falling global crude oil prices.
Last month, benchmark Brent crude oil dropped to as low as USD 18.10 per barrel – the lowest since 1999, as coronavirus wiped away demand, creating large surpluses around the globe.
