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RE:petrol price
by Arun Bhatnagar on Jun 04, 2008 06:54 PM

On one side there is subsidy, on the other side Govt & Oil Companies together take away about 70% of the retail price in their kitty. Actully higher crude price, higher the Government earning in terms of import duty, excise duty, CST, VAT, corporate tax from oil companies.

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The above message is part of the Discussion Board:
What''s the lowest you paid for petrol?