Topic
excise duty
Manufacturing Kerala’s Tax Cut on Low-Alcohol Beverages Could Boost Fruit Wine Manufacturing Output
The Kerala government's tax reduction on low-alcohol beverages is expected to spur fruit wine manufacturing, particularly from cashew apples. Agricultural experts highlight potential for farm income diversification, post-harvest loss reduction, and growth of rural processing enterprises.
Commodities India Waives Excise Duty on Ethanol-Blended Petrol to Boost Cleaner Fuel Use
India has waived excise duty on ethanol-blended petrol (E22, E25, E27, E30) to promote cleaner fuel and reduce crude oil imports. The government plans to establish 500 ethanol fuel stations by end-2026, with initial rollout in Delhi-NCR, Pune, Mumbai, and Nagpur. The move comes as global crude prices surged above $100 per barrel due to the ongoing Middle East conflict, pushing domestic fuel prices up by over Rs 7.5 per litre.
Trade India Reduces Excise Duty on Fuel Exports Effective June 1
India has reduced the special additional excise duty on fuel exports, effective June 1. The duty on petrol, diesel, and aviation turbine fuel has been lowered to enhance trade competitiveness.