![](https://www.udayavani.com/wp-content/uploads/2024/07/bcci-415x233.jpg)
Govt hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF
PTI, Sep 16, 2023, 10:17 AM IST
![](https://www.udayavani.com/wp-content/uploads/2023/09/crude-620x349.jpg)
The government on Friday hiked special additional excise duty (SAED) on crude petroleum to Rs 10,000 per tonne with effect from September 16.
In the last fortnightly review on September 1, windfall tax on domestically produced crude oil was set at Rs 6,700/tonne.
Besides, the SAED or duty on export of diesel will be cut to Rs 5.50/litre, from Rs 6/litre currently.
The duty on jet fuel or ATF will be reduced to Rs 3.5/litre effective Saturday, from Rs 4/litre currently.
SAED on petrol will continue at nil.
India first imposed windfall profit taxes on July 1, 2022.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
![](https://www.udayavani.com/wp-content/uploads/2023/05/IndianClicks_GVega_Udayavani_300x250_12032021_1_1.gif)
Related Articles More
![](https://www.udayavani.com/wp-content/uploads/2024/07/sebi_pti-150x88.jpg)
Hindenburg shared Adani report with client two months before publishing it: Sebi
![](https://www.udayavani.com/wp-content/uploads/2024/07/bse-150x75.jpg)
FPIs inject Rs 7,900cr in equities in first week of Jul; investment surpasses Rs 1 lakh cr in 2024
![](https://www.udayavani.com/wp-content/uploads/2024/07/Bandhan-Bank-logo-150x104.jpg)
Bandhan Bank appoints Ratan Kumar Kesh as interim MD and CEO
![](https://www.udayavani.com/wp-content/uploads/2024/07/npci-150x94.jpg)
NPCI International partners with Network International to enable UPI QR payment acceptance across its merchants in the UAE
![](https://www.udayavani.com/wp-content/uploads/2024/07/tomato-1-150x84.jpg)
Retail prices of tomatoes in Delhi surge to Rs 70-80 per kg
MUST WATCH
Latest Additions
![](https://www.udayavani.com/wp-content/uploads/2024/07/javed-150x88.jpg)
Javed Akhtar schools social media user who called him ‘son of gaddar’
![](https://www.udayavani.com/wp-content/uploads/2024/07/jaganat-1-150x84.jpg)
Rath Yatra: Lord Jagannath, siblings ascend chariots after ‘Pahandi’ ritual
![](https://www.udayavani.com/wp-content/uploads/2024/07/bcci-150x84.jpg)
Expecting India to win both CT and WTC final under Rohit’s captaincy: BCCI Secretary Shah
![](https://www.udayavani.com/wp-content/uploads/2024/07/shobha-150x97.jpg)
Cong govt in K’taka mired in competition for CM, Dy CM posts and internal rifts: Karandlaje
![](https://www.udayavani.com/wp-content/uploads/2024/07/gad-150x83.jpg)
Gadag: 5-yo succumbs to dengue
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.