Question : Excise Duty Collection

(a) the details of Government’s collection of excise duty on petroleum products, progressively from prepandemic period, 2019-20 to the current time; and

(b) the details of Government’s expected collection from petroleum products given the price reduction announced on 3rd November?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF FINANCE
SH. PANKAJ CHOUDHARY

(a): The total Central Excise Duty, including cesses, collected from petroleum products, from pre-pandemic period, 2019-20 to current period is as below:
(In Rs.cr)
2019-20 2020-21
2,23,057 3,72,970

(b): Budget Estimates (2021-22) for Union Excise Duty is ?3,35,000 crores. Revised Estimates for current financial year are not finalised.

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