Petrol, Diesel Excise Duty Hiked By Rs 2 Per Litre; No Impact On Retail Prices Of Fuel

The excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10, however the PSU companies have clarified that there will be no increase in the retail price of fuel due to this.

New Delhi: The government on Monday hiked excise duty on petrol and diesel by Rs 2 per litre each, according to an official order. The excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10, the order said.

Will Hike In Excise Duty Of Petrol, Diesel Lead To Increase In Retail Prices Of Fuel?

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.

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 Ministry of Petroleum and Natural Gas has officially confirming the news has tweeted.