<h1>Central petroleum tax adjustments: customs and excise cuts with modest retail price increases to curb OMC under-recoveries.</h1> The measures eliminate customs duty on crude oil and reduce customs duties on petroleum products, cut central excise on diesel, and permit modest retail price increases for diesel, PDS kerosene, and domestic LPG to reduce OMC under-recoveries, while noting central revenue loss and calling for corresponding reductions in state levies.