News > Govt slaps export tax on petrol, diesel; windfall tax on domestic crude oil

Govt slaps export tax on petrol, diesel; windfall tax on domestic crude oil

Odisha TV | 01/07/2022 11:55 AM | Click to read full article

The government on Friday slapped a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel. The government also slapped a Rs 23,230 per tonne additional tax on domestically produced crude oil to take away windfall gains accruing to producers from high international oil prices.

The tax on exports follows oil refiners reaping huge gains from exporting fuel to markets such as Europe and the US.

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