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of <h1>India Lowers Road and Infrastructure Cess on Petrol to Rs. 13/Litre, Diesel to Rs. 8/Litre, Effective Nov 4.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 52/2021-Customs to amend Notification No. 18/2019-Customs. This amendment reduces the Road and Infrastructure Cess (RIC) on petrol and diesel. Specifically, the cess is revised to Rs. 13 per litre for petrol and Rs. 8 per litre for diesel. These changes are made under the authority granted by the Finance Act, 2018, and the Customs Act, 1962, and will take effect from November 4, 2021.
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