Government collects over Rs 2 lakh crore from levies on petrol, diesel


Government collects over Rs 2 lakh crore from levies on petrol, diesel

The government today said total collection through excise duty on petrol and diesel has been Rs 2,01,935 crore for the first 11 months of FY 2016-17.

The excise levy on petrol earned Rs 64,509 crore and while that on diesel garnered Rs 1,37,426 crore.

Minister of State for Finance Santosh Kumar Gangwar in a written reply to the Lok Sabha said an additional duty of excise of Rs 6 per litre is levied and collected on Motor Spirit (petrol).

He further said an additional duty of excise of Rs 6 per litre is levied on high speed diesel oil.

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Source – The Economic Times

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