https://www.taxtmi.com/news?id=17561 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. en-us Fri, 10 Mar 2017 16:22:22 +0530 Fri, 10 Mar 2017 16:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17561 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. News - Fri, 10 Mar 2017 16:22:22 +0530 https://www.taxtmi.com/news?id=17561