
Jun 2, 2026
✦@businessline
Excise collection rises to highest in three years in April despite fuel duty cut
Central excise collections in April rose to ₹447 crore, the highest in three years, despite a ₹10/litre fuel duty cut. This happened as petrol consumption increased over 6% and diesel rose around 1%. The article noted, "some refunds may have been deferred, benefiting Central excise collections." Fertilizer subsidies also surged.