NEW DELHI, April 4 (Reuters) - India has cut all
windfall tax on crude oil from 3,500 rupees ($42.56) per tonne
effective from Tuesday, according to a government notification.
India had in July imposed the windfall tax on crude oil
producers and levies on exports of gasoline, diesel and aviation
fuel after private refiners wanted to make gains from robust
refining margins in overseas markets, instead of selling it at
home.
($1 = 82.2370 Indian rupees)
(Reporting by Nikunj Ohri; Writing by Aftab Ahmed; Editing by
Jacqueline Wong)
Messaging: twitter: @aftabahmed00))
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