Oil Investing News » Crude Oil is likely to get duty recall

Crude Oil is likely to get duty recall

June 18, 2009 @ 2:39 am In Oil Market News,Services

The government declared that it may reimpose the duty on crude oil imports, its biggest source of Customs revenue before the levy was scrapped last year, as it looks for fresh revenue streams to rein in mounting fiscal deficit.

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[1] here: http://economictimes.indiatimes.com/News/Economy/Policy/Crude-oil-likely-to-get-duty-recall/articleshow/4668993.cms