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  • Business

Refineries: Players seek clarity on custom duty

 Players seek clarity on the under recoveries, removal of Basic custom duty on imported crude oil and corresponding reduction in customs duty on refinery products.Current statusThe refining capacity......

Refineries want crude, petro products under GST

 Crude oil prices have again risen to $80 per barrel. Without revision in petrol, diesel, kerosene and LPG prices, the under recoveries of Oil Marketing Companies are rising significantly. Total......

Extend tax holiday to refineries, govt told

 Extend tax holiday for refineries in private sectors, reduce excise duty on Naphtha from 16%, exempt excise duty for captive consumption of intermediate products within the refinery for manufacture......

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