Announcement
19 Jul 2022
The Indian government has removed the excise duty applicable on exports of petrol.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
20 Jul 2022
Revocation date:
No revocation date
Updated: 19 Jul 2022
Export tax
In force
On 19 July 2022, the Indian Ministry of Finance through Notification no. 20/2022-central excise reduced the excise duty on the exports of petrol (HS 2710) from INR 1 (approx. USD 0.01) to Nil. The ame...
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