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Govt to lift export responsibility on petrol, cuts levy on diesel and aviation gas from Could 16 onwards

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India raised its export responsibility on petrol and lower levies on diesel and aviation gas on Friday, the Ministry of Finance mentioned in an announcement. This notification from the federal government comes inside a day of elevating retail gas costs for the primary time for the reason that conflict between the US, Israel and Iran broke out in February.

Citing the federal government notification, information company PTI reported that the responsibility on exports of petrol has been raised to ₹3 per litre whereas that on diesel has been raised to Rs. 16.5 per litre (ANI/Representational)

Citing the federal government notification, information company PTI reported that the responsibility on exports of petrol has been raised to 3 per litre, a primary for the reason that Iran conflict began.

In the meantime, the responsibility on export of diesel has been lowered to 16.5 per litre, from 23 per litre, and aviation turbine gas to 16 per litre from 33 per litre.

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