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The Centre has withdrawn the special additional excise duty on petrol exports while increasing export levies on diesel and aviation turbine fuel (ATF), according to notifications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 hikes windfall tax on petrol, cuts levy on diesel exports

October 16, 2026 12:23 PM

Govt hikes windfall tax on petrol, cuts levy on diesel exports

The Central Government has increased the windfall tax on petrol exports to ₹2.5 per litre from ₹0.5 per litre, while reducing the levy on diesel exports to ₹8.5 per litre from ₹16 per litre for the fortnight beginning October 16. According to a notification issued by the Ministry of Finance, the revised duties came into effect on Friday. The export duty on aviation turbine fuel (ATF) has been retained at ₹10.5 per litre. The revised rates apply to exports, while existing duty rates o...