The present Customs and Central Excise duties on petrol and diesel are as under:

Petroleum product	Customs Duty		Central Excise Duty
	BCD	ACD
Petrol(unbranded)	2.5%	Rs.6 per litre	Rs.21.48 per litre [Rs.9.48 BED + ₹ 6 SAED + ₹ 6AED]
Petrol(branded)	2.5%	Rs.6 per litre	Rs.22.66 per litre [Rs.10.66 BED + ₹ 6 SAED + ₹ 6 AED]
Diesel(unbranded)	2.5%	Rs.6 per litre	Rs.17.33 per litre [Rs.11.33 BED + ₹ 6 AED]
Diesel (branded)	2.5%	Rs.6 per litre	Rs.19.69 per litre [Rs.13.69 BED + ₹ 6 AED]

BCD - Basic Customs Duty [levied under the Customs Tariff Act]

ACD - Additional Duty of Customs [levied under section 103 of the Finance (No.2) Act, 1998(Petrol) and section 116 of the Finance Act, 1999 (Diesel)], commonly known as Road Cess.

BED – Basic Excise Duty [levied under the Central Excise Tariff Act]

SAED – Special Additional Excise Duty [levied under section 147 of the Finance Act, 2002]

AED – Additional duty of Excise [levied under section 111 of the Finance (No.2) Act, 1998(Petrol) and section 133 of the Finance Act, 1999 (Diesel)], commonly known as Road Cess.

Compressed Natural Gas (CNG) attracts a concessional rate of 5% Basic Customs Duty (BCD) and 14% Basic Excise Duty (BED).

The comparison of Retail Selling Price of Petrol and Diesel, as on 01.03.2017, with neighbouring countries is as under:-

Country	Petrol(Rs./Ltr.)	Diesel(Rs./Ltr.)
India (Delhi)	71.14	59.02
Pakistan	45.26	52.64
Bangladesh	72.56	54.85
Sri Lanka	51.69	41.97
Nepal	64.2349.04

Government has no such proposal under consideration at present to reduce the taxes on the petrol and diesel.

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.

Fuel taxation structure remains intact: excise and customs components apply and government has no proposal to reduce taxes. Petrol and diesel are taxed through a 2.5% Basic Customs Duty plus central excise components-Basic Excise Duty, Special Additional Excise Duty and an Additional Duty of Excise (Road Cess)-with per litre excise amounts varying by branded status; CNG attracts concessional Basic Customs Duty and Basic Excise Duty. The document also provides a cross border retail price comparison and records the government's statement that no proposal to reduce petrol and diesel taxes is under consideration.