₹3,72,970 crore in excise duty since 2019-20 to the current period. The government has netted ₹2,23,057 crore in excise duty collection in 2019-20, Pankaj Choudhary said.
Pankaj Chaudhary has earlier told Lok Sabha earlier that excise duty on petrol and diesel has been calibrated to generate resources for infrastructure and other developmental items of expenditure keeping in view the prevalent fiscal situation.
The minister said the total excise duty including cesses collected from petroleum products during last seven financial years -- from FY15 to FY21-- was about ₹16.7 lakh crore.
Further, he said the government in Budget has estimated ₹3,35,000 crore in union excise duty for the current financial year.