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India Slashes Taxes On Aviation Fuel Exports, Domestic Crude Oil

Indian government lowered taxes on aviation turbine fuel exports to 5 rupees per liter from 9 rupees per liter, a government notification said.
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By Reuters

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Published on December 1, 2022

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Highlights

     Indian government lowered taxes on aviation turbine fuel exports to 5 rupees per liter from 9 rupees per liter, a government notification said on Friday.

    The government also reduced windfall tax for domestically produced crude oil to 10,500 rupees per tonne from 13,300 rupees per tonne, according to the notification.

     

    # Crude oil# Crude oil prices# Crude oil price# Crude oil price fall# Auto Industry
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