https://www.taxtmi.com/news?id=71867 Excise duty on petrol and diesel has been reduced to moderate domestic fuel prices and shield consumers from the impact of rising global crude oil prices. The special additional excise duty on petrol has been cut from Rs 13 per litre to Rs 3 per litre, while the corresponding duty on diesel has been reduced from Rs 10 per litre to nil. Duties have also been reintroduced on the export of diesel and aviation turbine fuel to support oil marketing companies and mitigate external market volatility. en-us Fri, 27 Mar 2026 15:31:04 +0530 Fri, 27 Mar 2026 15:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71867 Excise duty on petrol and diesel has been reduced to moderate domestic fuel prices and shield consumers from the impact of rising global crude oil prices. The special additional excise duty on petrol has been cut from Rs 13 per litre to Rs 3 per litre, while the corresponding duty on diesel has been reduced from Rs 10 per litre to nil. Duties have also been reintroduced on the export of diesel and aviation turbine fuel to support oil marketing companies and mitigate external market volatility. News - Fri, 27 Mar 2026 15:31:04 +0530 https://www.taxtmi.com/news?id=71867