Excise duty on petrol, diesel increased by ₹2/litre; no change in retail prices

GP Editor

11 hours ago

Image used for representational purpose.
| Photo Credit: G. R. Rajeev

The government on Monday (April 7, 2025) hiked excise duty on petrol and diesel by ₹2 per litre each, according to an official order.

The excise duty on petrol was increased to ₹13 per litre and that on diesel to ₹10, the order said.

PSU Oil Marketing Companies have informed that there will be no increase in retail prices of #Petrol and #Diesel, subsequent to the increase effected in Excise Duty Rates today.#MoPNG

— Ministry of Petroleum and Natural Gas #MoPNG (@PetroleumMin) April 7, 2025

The order said retail prices are will remain unchanged.

The increased excise duty is likely to be adjusted against the cut in petrol and diesel prices that was warranted because of a fall in international oil prices.

Published – April 07, 2025 04:09 pm IST