HSD, PDS SKO And Domestic LPG Prices Increased Marginally; to come in Effect from Midnight Central Duties Slashed to Insulate Consumers from the Impact of Volatile Global Oil Price Press Note

HSD, PDS SKO And Domestic LPG Prices Increased Marginally; to come in Effect from Midnight Central Duties Slashed to Insulate Consumers from the Impact of Volatile Global Oil Price Press Note https://www.taxtmi.com/news?id=1943 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. en-us Sat, 25 Jun 2011 15:43:57 +0530 Sat, 25 Jun 2011 15:43:57 +0530 TaxTMI RSS Generator HSD, PDS SKO And Domestic LPG Prices Increased Marginally; to come in Effect from Midnight Central Duties Slashed to Insulate Consumers from the Impact of Volatile Global Oil Price Press Note https://www.taxtmi.com/news?id=1943 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. News - Sat, 25 Jun 2011 15:43:57 +0530 https://www.taxtmi.com/news?id=1943