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Excise duty mop-up likely to exceed Budget estimate on fuel duties

Updated : January 14, 2021 02:12 PM IST

The government is likely to exceed the 2.67 lakh crore excise duty target set in the budget on February 1 for FY21, sources tell CNBC -TV18.
This is likely on the back of highest ever petroleum duties levied by the government since March 14, when crude prices crashed on the onset of COVID.

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