Centre Removes Export Duty on Petrol, Raises Levies on Diesel and ATF

October 31, 2026 4:57 PM

Centre Removes Export Duty on Petrol, Raises Levies on Diesel and ATF

The Centre has withdrawn the special additional excise duty on petrol exports while increasing export levies on diesel and aviation turbine fuel (ATF), according to notifications issued by the Ministry of Finance on Saturday. Under the revised rates, petrol exports will attract no export duty, compared to the earlier levy of Rs 2.50 per litre. The export duty on diesel has been increased from Rs 8.50 to Rs 11.50 per litre, while the levy on aviation turbine fuel (ATF) has been raised from Rs 1...

Govt caps ATF price hike for domestic airlines at 25% amid global fuel shock

April 1, 2026 4:14 PM

Govt caps ATF price hike for domestic airlines at 25% amid global fuel shock

In a move aimed at shielding domestic air travel from a sharp surge in global fuel prices, the government has capped the increase in Aviation Turbine Fuel (ATF) prices for domestic airlines at 25%, significantly lower than the over 100% rise indicated by international benchmarks. The Ministry of Petroleum and Natural Gas said the intervention comes in response to an “extraordinary situation in global energy markets” triggered by the closure of the Strait of Hormuz, a critical route for glob...