Windfall profit tax raised on export of diesel, Jet fuel

Insight Online News

New Delhi, Sep 1 : The Government has raised windfall profit tax on diesel export to Rs 13.5 per litre and on jet fuel exports to Rs 9 per litre.

This was done after a fortnightly review on Wednesday, a Finance Ministry notification said.

Windfall profit tax on domestically-produced crude oil has also been hiked by Rs 300 per tonne to Rs 13,300.

On Aviation Turbine Fuel (ATF) exports, tax was raised to Rs 9 per litre from the earlier Rs 2, according to the notification.


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