Collections from the windfall tax, levied on domestic sale of crude oil to refineries and on export of petrol and diesel, fell 9% from a year earlier to ₹1.5 trillion in the April-October period.
This tax is levied as special additional excise duty and revised nearly twice a month.
During April-October, the highest rate of windfall tax on crude oil was 12,100 a tonne, levied in the fortnight starting 30 September.
This is a steep drop from ₹23,250 levied during 1-20 July, 2022, before it was lowered to 17,000 a tonne.
On Monday, the government kept windfall tax at a nominal 1,300 a tonne, showed a Central Board of Indirect Taxes and Customs (CBIC) order.
هذه القصة مأخوذة من طبعة December 20, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 20, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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