NEW DELHI: The Central government on Monday increased excise duty by Rs 2 each on petrol and diesel.
According to a notification released by the revenue department of ministry of finance, the excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10.
While the order did not say what impact it will have on retail prices, industry sources said retail prices are unlikely to be changed.
The increased excise duty is likely to be adjusted against the cut in petrol and diesel prices that was warranted because of a fall in international oil prices.
The new rates will be come into force on April 8.