Government hikes excise duty on petrol, diesel by Rs 3 per litre

The government on Saturday increased excise duty on petrol and diesel by Rs 3 per litre as it looked to mop up gains arising from fall in international oil prices.

As per the official notification, the special excise duty on petrol was hiked by Rs 2 to Rs 8 per litre in case of petrol and to Rs 4 in case of diesel. Moreover, the road cess on petrol was also raised by Rs 1 per litre each on petrol and diesel to Rs 10.

With this, the excise duty on petrol has risen to Rs 22.98 per litre while on diesel to Rs 18.83 per litre.

A litre of petrol in Delhi cost Rs 69.87 per litre and diesel comes at Rs 62.58 per litre.