Oil Duty News - Latest Updates & Headlines
Govt hikes excise duty on petrol, diesel as oil prices crash in global market
New Delhi, April 7: The government on Monday announced that it has increased excise duty on petrol and diesel by Rs 2 each, with effect from Tuesday, but there will be no increase in the retail prices of the two fuels as oil prices have come down in the global market.
India clamps anti-dumping duty to check flood of cheap Chinese goods
New Delhi, March 23: India has imposed anti-dumping duty on four Chinese products, including aluminium foil, to safeguard domestic industry as these goods were being exported by the neighbouring country at below-normal prices.