Excise duty cut on petrol-diesel: Relief likely temporary as international crude prices expected to rise

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Finance minister Arun Jaitley on Thursday announced a cut of Rs 2.5 per litre on the prices of petrol and diesel. According to data from Indian Oil, the existing levels of excise duty on petrol and diesel (as on 1 October 2018) are Rs 19.48 per litre and Rs 15.33 per litre.
Read more at Hindustan Times.

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