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Government hikes windfall tax on crude oil to Rs 7,000 per metric tonne, price to be effective from July 16

By Business Today - 3 months ago
The windfall tax is imposed in the form of a Special Additional Excise Duty (SAED). The export of diesel, petrol and Aviation turbine fuel (ATF) has been kept unchanged.
Read more at: Business Today

Topics:

Government raise windfall tax Windfall tax on petroleum crude Special Additional Excise Duty (SAED) Windfall tax July 15 notification Windfall tax effective July 16 Diesel petrol ATF export unchanged Increase windfall tax domestically-produced crude Windfall tax Rs 7 000 per metric tonne Windfall tax July 1 increase Control private refiners Refining margins Windfall profit taxes July 1 2022 Energy companies supernormal profits tax Fortnightly windfall tax review Public interest tax raise Central government notification windfall tax Crude oil windfall tax Diesel petrol ATF export policy Indian energy taxation

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