{"id":546192,"date":"2023-01-04T12:44:23","date_gmt":"2023-01-04T07:14:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=546192"},"modified":"2023-01-04T12:44:23","modified_gmt":"2023-01-04T07:14:23","slug":"govt-hikes-windfall-profit-tax-on-crude-diesel-atf","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-hikes-windfall-profit-tax-on-crude-diesel-atf\/","title":{"rendered":"Govt hikes windfall profit tax on crude, diesel, ATF"},"content":{"rendered":"<p>The government has raised windfall profit tax on locally produced crude oil by 23.52% to \u20b92,100 per tonne from Tuesday and also increased the levy on exports of diesel and aviation turbine fuel (ATF) . Both changes were made against the backdrop of firmer international oil prices.<\/p>\n<p>While tax on domestically-produced crude oil was raised from \u20b91,700 per tonne to \u20b92,100 a tonne. Tax on diesel exports increased from \u20b95 per litre to \u20b96.50 a litre , according to a government order issued late night on Monday. The tax on diesel is inclusive of \u20b91.50 per litre additional excise duty.<\/p>\n<p>According to the order issued by the ministry of finance, the levy on exports of ATF was also raised from \u20b91.50 per litre to \u20b94.50. The tax on crude and fuel are realigned with their respective international rates every fortnight.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has raised windfall profit tax on locally produced crude oil by 23.52% to \u20b92,100 per tonne from Tuesday and also increased the levy on exports of diesel and aviation turbine fuel (ATF) . Both changes were made against the backdrop of firmer international oil prices. While tax on domestically-produced crude oil was raised from \u20b91,700 per tonne to \u20b92,100 a tonne. Tax on diesel exports increased from \u20b95 per litre to \u20b96.50 a litre , according to a government order issued late night on Monday. The tax on diesel is inclusive of \u20b91.50 per litre additional excise duty. [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-546192","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/546192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=546192"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/546192\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=546192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=546192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=546192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}