Central excise duty on Petrol and Diesel reduced by Rs 2 per Litre effective October 4, 2017

The Government has decided to reduce the central excise duty on Petrol and Diesel by Rs 2 per Litre effective from the October 4, 2017. This measure would help reducing the prices of Petrol and Diesel and giving relief to consumers.

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The Government of India decides to reduce the Basic Excise Duty rate on Petrol and Diesel [both branded and unbranded] by Rs. 2 per litre with effect from 4th October, 2017; This major decision has been taken by the Government in order to cushion the impact of rising international prices of crude petroleum oil and petrol and diesel on Retail Sale Prices of Petrol and Diesel as well as to protect the interest of common man.

The Government of India has decided to reduce the Basic Excise Duty rate on Petrol and Diesel

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