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    Excise duties on fuel rose sharply despite crude staying low

    Excise duties on fuel rose sharply despite crude staying low
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    Excise duty on petrol went up by 194% while on diesel it rose by a stupendous 512% between 2014-15 and 2021-22 even as crude oil prices remained below $80 per barrel between 2015-16 and 2021-22.

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