Govt Hikes Excise Duty By Rs 2 Each On Petrol, Diesel As Brent Crude Hits 4-Year Low

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The Indian government has raised the excise duty on diesel and petrol by Rs 2 per litre

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The Indian government has raised the excise duty on diesel and petrol by Rs 2 per litre on Monday, April 7.

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According to reports, customers are unlikely to feel the impact of this increase as Oil Marketing Companies (OMCs) are expected to absorb the cost.