India slashes windfall tax on petrol, diesel, ATF exports

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As per the Finance Ministry, the rate of duty on petrol will be ₹. 0.5 per litre (SAED- ₹. 0.5 ; RIC- Nil), ₹. 20 per litre (SAED - ₹. 20; RIC – Nil) on exports of diesel and ₹. 15 per litre (SAED only) on exports of ATF.