The petroleum Ministry wants this time budget-driven vehicles to check additional excise duty on diesel. Ministry believe that such vehicles by 80 thousand bucks on additional product charges may be imposed.Petroleum Minister Jaipal Reddy on Friday Finance Minister Pranab Mukherjee met his Ministry's budget proposals to tax holiday by refinery area assigned. Reddy [some years tax exemption] has also sought to show that petroleum Minister country. formula in diesel demand rising alarmingly, the number of diesel vehicles by Pranab to these additional excise duty is sought. Reddy, opinion That additional duty as incoming revenue subsidies of petroleum products in the account may be placed in.
The petroleum Ministry liquid natural gas [LNG] five percent customs duty on imports of also seeking withdrawal. it will help to reduce the price of the LNG. cheap gas fertilizer and power projects cost even the crude [crude] ghataegi. LNG equivalent to be considered. crude right now doesn't seem to be Customs and other petroleum products commodities. Reddy, crude and service tax [GST] bring within the scope of the At present, crude, gasoline, diesel, are kerosene and fuel are excluded from the GST.
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