Centre Raises Excise Duty on Fuel: ₹13/Litre on Petrol, ₹10/Litre on Diesel [Read Notification]

Despite the Centre’s hike in excise duty, the PSU Oil Marketing Companies have confirmed there will be no change in retail prices of petrol and diesel
Excise Duty on Fuel - Excise Duty Hike on Petrol - Excise Duty on Diesel 2025 - TAXSCAN

The Ministry of Finance has issued Notification No. 02/2025-Central Excise, dated 7th April 2025, revising the Special Additional Excise Duty (SAED) on petrol and diesel, marking a Rs. 2 increase in fuel taxation. With the latest notification coming into effect from 8th April 2025, the rates now stand at Rs. 13 per litre for petrol…

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