Government reduces windfall tax and exports levy


Government reduces windfall tax and exports levy

 

The windfall tax and exports levy has been lowered by the Centre after the Oil prices have reduced in the international market. As per officials, this decision was made after reviewing it on Monday. The notification read as follows

"Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods, when exported from units located in the Special Economic Zone (SEZ)," 

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