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Cut in Excise Duty on Petrol and diesel
May 30 , 2022
840 days
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- On May 21, the government announced a cut in excise duty on petrol and diesel by ₹ 8 and ₹ 6 a litre, respectively.
- The move marked a reduction of petrol rates by ₹ 9.5 per litre and diesel by ₹ 7 a litre.
- Fuel prices are the highest in Mumbai among all four metro cities.
- The rates vary across states due to the value-added tax.
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