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Centre hikes fuel excise duty on petrol, diesel, but no burden on consumers

May 06, 2020, 10:55AM ISTSource: Times Now

The Centre has increased the excise duty on petrol and diesel with effect from May 06 but there would be no burden on consumers. According to a notification issued by the Central Board of Indirect Taxes and Customs, special additional excise duty on petrol has been hiked by Rs 2 per litre and road cess has been hiked by Rs 8 a litre.In case of diesel, special additional excise duty has been hiked by Rs 5 per litre and road cess has been raised by Rs 8 a litre.

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