Customs Duty, Excise and VAT rates
Customes duty and Excise in Petroleum Products is a central subject and is subject to change from time to time. The schedules and rates given are applicable as per the date mentioned above the chart. We endeavour to keep the data up-to date, however, you are requested to check the correct rate with the "Clearing adn Handling Agent" or the Govt. published schedule of rates before taking any final decision on entering into any financial commitment.
VAT (Value Added Tax) is a tax lavied on the sales of product by State Govt. CST (Central Sales Tax) is presently fixed at 2% involving interstate sales of goods. There are other local duties like LBT (Local Body Tax), Octroi, Cess etc. imposed by local bodies. These all rates anad duties are subject to change from time to time without giving any prior intimation. Please be guided accordingly. More Details
RATE OF EXCISE More Details