Proposal to hike duty on diesel cars on card

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Amid widening price difference between petrol and diesel, the Finance Ministry is looking at the possibility of raising excise duty on diesel cars, a suggestion which was mooted long back by the Oil Ministry.

"Hiking excise duty on diesel cars is still on the agenda. It was not taken up during the Budget. It will take some time. It will happen," a Finance Ministry official said.

Main Topic: 
Name of the Newspaper: 
Mark Content Private(Internal): 
Clipping Type: 
DNB
External URL: 
http://dc.asianage.com/business/proposal-hike-duty-diesel-cars-card-304
Publication Date: 
28/05/2012