Excise collection rises to highest in three years in April despite fuel duty cut

Despite a ₹10/litre cut in levies on petrol and diesel, Central excise collections in April rose to ₹447 crore from a negative ₹39 crore in the corresponding month of the previous fiscal, data from the Controller General of Accounts (CGA) showed. The April collection is the highest in three years and the second-highest in seven years

Raccontata dathehindubusinessline.com