MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI SANTOSH KUMAR GANGWAR)
(a), (b) & (c): Cess imposed on petrol and diesel and revenue collected from the cesses during last three financial years are as under:
Cess Budget Estimates &Amount Collected(In Crores)
1. Customs Duties F. Y. 2014-15 F. Y. 2015-16 F. Y. 2016-17 F.Y. 2017-18
B.E. Actuals B.E Actuals B.E. Revised B.E.
Additional Duty of Customs on Motor spirit - 18 - 0.18 - - -
Additional Duty of Customs on High speed Diesel Oil - 0.02 - 1.71 - - -
Special Additional Duty of Customs on Motor Spirit - 53 - 0.18 - - -
Union Excise Duties
Additional Duty of Excise on Motor spirit 4700 5978 10500 17300 19500 21800 22000
Additional Duty of Excise on High speed Diesel Oil 16700 19144 32600 52239 58500 59000 59250
Special Additional Duty of Excise on Motor spirit 14300 15090 15600 18171 19000 21000 21300
(d): The prices of Petrol and Diesel have been made market determined by the Government effective 26th June, 2010 and 19th October, 2014 respectively. Since then there is no under-recovery on sale of these products. However, subsidy provided by the Government on sale of Diesel during the period 2014-15 (upto 18.10.2014) is Rs. 10,935 crores.
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