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CESS/Surcharge on Petroleum Products

News and Press Release - Dated:- 1-4-2017 - The Government is collecting taxes through cess and surcharge on petroleum products in the country. An Additional Duty of Excise @ ₹ 6 per litre is levied and collected on Motor Spirit (Petrol) under section 111 of the Finance (No. 2) Act, 1998. Also, an Additional Duty of Excise @ ₹ 6 per litre is levied and collected, on High Speed Diesel Oil under section 133 of the Finance Act, 1999. In addition, Special Additional Excise Duty @ ₹ .....

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