Govt lowers Windfall Tax on Petroleum Crude lowered to Rs. 3250 per Tonne [Read Notification]

With Effect from 15th June, 2024, the government lowered the windfall tax on petroleum crude to Rs. 5200 to Rs. 3250
Central government - Petroleum crude - Windfall tax - TAXSCAN

The Central Government has revised the windfall tax on petroleum crude, reducing it from Rs. 5,200 to Rs.3250 per tonne, effective from 15th June, 2024, marking a decrease of Rs. 1950. Compared to the notable hike to Rs. 9,600 per tonne in April 2024, the new rate is lower. This adjustment comes after a previous…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here
taxscan-loader