NEW DELHI: Bowing to public pressure, the Government today cut excise duty on petrol and diesel by Rs 2 per litre to moderate the relentless rise in fuel prices witnessed for the last three months.
“Govt of India has reduced Basic Excise Duty rate on petrol and diesel [both branded and unbranded] by Rs 2 per litre w.e.f 4th October, 2017,” the Finance Ministry said in a tweet.
Prices of petrol and diesel will be reduced by the amount of duty cut with effect from tomorrow. (AGENCIES)
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