Realisation of Customs Duties from Petroleum Products during 2012-13 to 2018-19

January 29, 2021

Author: susil

India has witnessed an unstable trend in realisation of customs duties from petroleum products during 2012-13 to 2018-19. However, we have observed compound annual growth rate of 0.48% in realisation of customs duties from petroleum products during the period under consideration.

Realisation of customs duties from petroleum products was Rs. 5,040 crore in 2012-13. It has surged by 21.27% to Rs. 6,112 crore during 2013-14 above 2012-13. Annual growth of 39.64% has been seen in realisation of customs duties from petroleum products during 2017-18 from Rs. 2,934 crore during 2016-17. Realisation of customs duties from petroleum products was Rs. 5,187 crore in 2018-19, up by 26.6% against Rs. 4,097 crore during 2017-18.

The maximum annual growth rate of 39.64% has been found in 2017-18 in realisation of customs duties from petroleum products during the period under consideration.

Note: Data value are in Rs. crore; P: Provisional; Excise and customs duty paid on crude oil and petroleum products on the basis of their respective Central Excise Tariff Heads (CETH) under chapter-27 excludes CETH 2701 to 2708 & 2716 which do not pertain to oil & gas sector; Source: Central Board of Indirect Taxes & Customs (CBIC).

Dataset URL: https://data.gov.in/resources/realisation-of-excise-and-customs-duties-from-crude-oil-and-petroleum-

Resource Title: Realisation of Excise and Customs Duties from Crude Oil and Petroleum Products from 2012-13 to 2018-19