Petrol Export Duty Cut to Nil, Diesel Levy Raised by ₹3 a Litre
The fortnightly revision removes the petrol levy and lifts duties on diesel and ATF as India seeks to protect domestic fuel supplies.
- On Saturday, the Govt slashed the export duty on Petrol to nil while raising the levy on Diesel by Rs 3 per litre and ATF by 50 paise per litre for the next 15-day period.
- The Centre has conducted fortnightly reviews of special export levies since March 2026, amid the escalating West Asia crisis and growing uncertainty over international energy supplies.
- According to Kpler, India's Diesel exports reached 700 kilo barrels per day in October, the highest level since September 2025.
- The Department of Revenue under the Ministry of Finance notifies these periodic adjustments to discourage excessive exports and ensure sufficient domestic availability of Petrol, Diesel and ATF.
- Higher maintenance scheduled for Q2-27 will constrain export capacity, though new production facilities are expected to contribute meaningfully to supply levels later in 2027.
13 Articles
13 Articles
Petrol export duty cut to nil, diesel levy raised by ₹3 a litre
The government’s fortnightly review raised the export levy on diesel to ₹11.5 per litre from ₹8.5 and on aviation turbine fuel to ₹11 per litre from ₹10.5, while India’s diesel exports touched 700 kilo barrels per day in October, the highest since September 2025, according to Kpler
Govt scraps petrol export levy, hikes diesel duty to Rs 11.5 and ATF duty to Rs 11 per litre
The Centre has scrapped the Rs 2.5 per litre export duty on petrol while raising the diesel levy to Rs 11.5 and ATF duty to Rs 11 per litre. The revised petroleum export duties came into effect on October 31.
Govt hikes windfall tax on diesel, ATF shipments; cuts levy on petrol exports
New Delhi, Oct 31 (PTI) The government on Saturday hiked windfall gains tax on export of diesel and ATF and slashed the levy to zero on petrol for the fortnight beginning October 31. For ATF exports, the duty has been hiked marginally to Rs 11/litre, from Rs 10.5/litre for the fortnight. The rate of special […]
Centre scraps Rs 2.5/litre petrol export duty, hikes diesel levy to Rs 11.5
The Centre took significant steps on October 31 by eliminating the Rs 2.5 per litre duty on petrol exports. In contrast, the excise duties for high-speed diesel and aviation turbine fuel were ramped up; diesel duties increased from Rs 8.5 to Rs 11.5 per litre, and ATF duties from Rs 10.5 to Rs 11.
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