Petrol, Diesel To Become Cheaper? Windfall Tax On Crude Petroleum Slashed To Zero

The tax is levied in the form of Special Additional Excise Duty (SAED) and is notified fortnightly based on average oil prices in two weeks. The tax is levied in the form of Special Additional Excise Duty (SAED) and is notified fortnightly based on average oil prices in two weeks.  Zee News :Business