{"id":570732,"date":"2023-04-20T09:25:44","date_gmt":"2023-04-20T03:55:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=570732"},"modified":"2023-04-20T09:47:55","modified_gmt":"2023-04-20T04:17:55","slug":"india-reimposes-windfall-tax-on-crude-oil-levy-on-diesel-exports-scrapped","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-reimposes-windfall-tax-on-crude-oil-levy-on-diesel-exports-scrapped\/","title":{"rendered":"India reimposes windfall tax on crude oil, levy on diesel exports scrapped"},"content":{"rendered":"<p>India has reimposed special additional excise duty (SAED) on domestically produced crude oil, The Economic Times (ET) has reported. SAED is commonly known as windfall tax. <\/p>\n<p>The tax has been reintroduced at Rs 6,400 per tonne on domestically produced crude oil. On the other hand, the levy on the export of diesel has been scrapped.<\/p>\n<p>The Centre has made no changes to the windfall tax exemption given to petrol and ATF in the last announcement on April 4. <\/p>\n<p>On April 4, the Centre scrapped windfall tax on domestically produced crude oil and petrol. The windfall tax on the export of diesel was halved to Rs 0.50 per litre.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India has reimposed special additional excise duty (SAED) on domestically produced crude oil, The Economic Times (ET) has reported. SAED is commonly known as windfall tax. The tax has been reintroduced at Rs 6,400 per tonne on domestically produced crude oil. On the other hand, the levy on the export of diesel has been scrapped. The Centre has made no changes to the windfall tax exemption given to petrol and ATF in the last announcement on April 4. On April 4, the Centre scrapped windfall tax on domestically produced crude oil and petrol. The windfall tax on the export of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-570732","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/570732","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=570732"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/570732\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=570732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=570732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=570732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}