Revenue of Rs 46 thousand crore in 2019-20
According to the report, customs duty of Rs 37,806.96 crore was collected on the import of petroleum products in the financial year 2020-21. At the same time, Rs 4.13 lakh crore was earned from Central Excise Duty on the manufacturing of these products in the country. According to the information received from RTI, the government got a revenue of Rs 46,046.09 crore in the form of customs duty on the import of petroleum products in 2019-20. At the same time, Rs 2.42 lakh crore was recovered from the Central Excise Duty on the manufacturing of these products in the country. That is, under the head of both taxes, the government earned a total of Rs 2,88,313.72 crore in 2019-20.
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Information sought in RTI
An RTI activist said that the Directorate General of Systems and Data Management (DGSDM) attached to the Ministry of Finance gave information on his application under the Right to Information. At the same time, according to economist Jayantilal Bhandari, not only the common man but the entire economy has deteriorated due to expensive petrol and diesel. He said that the central and state governments, especially on petrol and diesel, should give relief to the people from inflation by reducing their taxes.