Excise Duty-on-petrol

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Centre can cut excise duty on petrol, diesel by Rs 8.5 a litre without hurting revenues, say experts
India

Centre can cut excise duty on petrol, diesel by Rs 8.5 a litre without hurting revenues, say experts

Central and state taxes make up for 60 percent of the retail selling price of petrol, available at Rs 91.17 per litre in Delhi and over 54 percent of diesel which is available for Rs 81.47 in the National Capital