India Reduces Special Excise Duty on Fuel

The Indian government has announced a significant reduction in the special excise duty on fuel. According to Jin10, the excise duty on petrol has been decreased from 13 rupees per liter to 3 rupees per liter. Additionally, the duty on diesel has been reduced from 10 rupees per liter to zero. This move is expected to provide relief to consumers and potentially impact the country's fuel market dynamics.