Excise mop-up from petrol, diesel doubles to Rs3.7L cr

New Delhi, November 30

The central government's mop-up from excise duty levied on petrol and diesel more than doubled to Rs 3.72 lakh crore in the pandemic year 2020-21, out of which states were given less than Rs 20,000 crore, according to a reply by the government in the Rajya Sabha on Tuesday.

Minister of State for Finance Pankaj Chaudhary, in a written reply to a question, stated that collection from levy of central excise duty on petrol and diesel increased from Rs 1.78 lakh crore in 2019-20 to Rs 3.72 lakh crore in 2020-21 (April 2020 to March 2021).

The increase in the collection was mainly on account of rise in the incidence of taxation on fuels. Total excise duty on petrol was Rs 19.98 per litre in 2019 and Rs 15.83 a litre on diesel. The government raised excise duty twice last year to Rs 32.98 per litre on petrol and to Rs 31.83 on diesel. — PTI

Join Whatsapp Channel of The Tribune for latest updates.