The Central government has hiked windfall tax on domestic crude oil and reduced the tax on export of diesel.
The tax on crude oil produced by State-owned ONGC was hiked to Rs 10,200 per tonne from Rs 9,500 per tonne, with effect from Thursday, according to a notification.
The revision in windfall tax is done every fortnight.
The government has also reduced the rate for export of diesel to Rs 10.5 per litre, from Rs 13 per litre.
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The levy on diesel includes Rs 1.50 per litre road infrastructure cess.
The export tax on jet fuel though has been left unchanged, which stands at Rs 5 a liter.
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