Centre hikes windfall tax to INR 10,000 per tonne, slashes duty on diesel, ATF

The export duty on diesel was slashed to INR 5.50 per litre from 6 per litre earlier and reduced duty on Aviation Turbine Fuel (ATF) to INR 3.50 per litre from the earlier INR 4 litre. The new rates will be effective from September 16. Export duty on Petrol will remain nil.

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