India slashes taxes on aviation fuel exports, domestic crude oil

Passenger plane passes the moon as it comes into land at the international airport in Chennai

(Reuters) - Indian government lowered taxes on aviation turbine fuel exports to 5 rupees per liter from 9 rupees per liter, a government notification said on Friday.

The government also reduced windfall tax for domestically produced crude oil to 10,500 rupees per tonne from 13,300 rupees per tonne, according to the notification.

(Reporting by Ann Maria Shibu in Bengaluru; Editing by Toby Chopra)