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Petroleum definition, an oily, thick, flammable, usually dark-colored liquid that is a form of bitumen or a mixture of various hydrocarbons, occurring naturally in various parts of the world and commonly obtained by drilling: used in a natural or refined state as fuel, or

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Principal components of petroleum products; general hydrocarbon classifiion and main impurities (sulfur, nitrogen, metals and asphaltenes, etc.). Quality requirements imposed on petroleum products in view of their utilization: quality specifiions measured by standard tests, characteristics related to the product composition, origin and processing routes.

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Prices of petroleum products reduced; petrol to sell at …

As such, the share of GST and petroleum levy now works out at about Rs40.45 per litre. The product is mostly used in private transport, small vehicles and two-wheelers. Rate of levy, however