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.

By Reuters

Published on September 23, 2022

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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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