Search For "special additional excise duty"
India slashes windfall tax on petroleum crude
Updated : 1 year, 10 months ago IST
The central government has reduced windfall tax on crude petroleum, according to a government notification. The special additional excise duty (SAED) on crude petroleum has been slashed from Rs 9,600 per tonne to Rs 8,400 per tonne.
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Levy of SAED from July 1 accompanied by a mechanism of fortnightly review:
Updated : 3 years, 5 months ago IST
New Delhi [India], September 20 (ANI): Ministry of Petroleum and Natural Gas (MoP&NG) on Tuesday clarified that the levy of Special Additional Excise Duty (SAED) from day one of July this year was accompanied by the government's announcement of a mechanism of fortnightly review.
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India cuts windfall tax on crude oil
Updated : 3 years, 7 months ago IST
New Delhi [India], July 20 (ANI): The central government on Wednesday cut the windfall tax on crude oil to Rs 17,000 per tonne from earlier Rs 23,250 per tonne. This move comes amid the latest decline in global crude oil prices.
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Gold duty hike aims to discourage high imports, says Finance Minister Sith
Updated : 3 years, 8 months ago IST
New Delhi [India], July 1 (ANI): Finance Minister Nirmala Sitharaman on Friday said that the customs duty on gold has been increased to discourage the high import of gold.
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Centre imposes export duty on petrol, diesel, aviation fuel
Updated : 3 years, 8 months ago IST
New Delhi [India], July 1 (ANI): The Centre has imposed a special additional excise duty to the tune of Rs 6 per litre on petrol and Rs 13 per litre on diesel on exports, a move that could help meet the country's energy demand.
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