Heavy hike in petrol and diesel excise duty, no effect on retail sales rate, new rates will be applicable from tomorrow

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Business Desk, Web4Study, New Delhi
Updated Tue, 05 May 2020 11:48 PM IST

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The central government has increased excise duty on petrol and diesel. There has been an increase of Rs 10 per liter on petrol and Rs 13 per liter on diesel. However, there has been no change in retail prices. The new rates will come into effect from May 6, 2020.

The central government has increased excise duty on petrol and diesel. There has been an increase of Rs 10 per liter on petrol and Rs 13 per liter on diesel. However, there has been no change in retail prices. The new rates will come into effect from May 6, 2020.

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