Search
Fuel Taxes: Centre Receives 37% Less than States
September 29, 2018
As per a recent media report, if the ex-refinery taxes make up for as much as 50% of the fuel sold around the country, then the state governments receive a lion’s share of them all. For instance, if a customer pays ₹80 for one liter of petrol in Delhi, then it means the state government receives ₹24 and the central government only ₹15. The tax is levied on the combined value which comprises refined petrol cost, central excise duty, and dealer’s commission.
Photo on Visual hunt
Important Links:
- MBA from UK University: https://ask.careers/courses/mba-from-uk-university/
- Post Graduate Diploma in Banking & Finance: https://ask.careers/courses/post-graduate-diploma-in-banking-finance/
- Professional Diploma in Banking and Financial Services: https://ask.careers/courses/professional-diploma-in-banking-management/
- Ahmedabad: https://ask.careers/cities/ahmedabad/
- Mumbai: https://ask.careers/cities/mumbai/
- TSCFM: https://ask.careers/institutes/tscfm/
