India Hikes Windfall Taxes on Diesel and Aviation Fuel Exports
Diesel and aviation fuel exporters face higher levies as the government seeks to protect domestic supplies amid volatile global energy markets.
- Effective Tuesday, June 16, the Centre increased export duties on diesel to Rs 14 per litre and Aviation Turbine Fuel to Rs 12.5 per litre, while leaving petrol levies unchanged at Rs 1.5 per litre.
- Government officials review these export duties every two weeks based on international crude oil prices, following a strategy introduced March 27, 2026, to discourage excessive exports and safeguard domestic fuel supplies amid West Asia geopolitical tensions.
- Imposed through the Special Additional Excise Duty framework, these changes do not directly impact retail fuel prices paid by domestic consumers, allowing the government to balance export incentives with domestic energy security requirements.
- Concerns over potential supply disruptions from the Middle East have pushed energy prices higher in recent weeks, prompting governments worldwide to monitor fuel inventories and supply chains closely.
- These revised rates remain applicable for the upcoming fortnight unless modified during the next review, as the Centre continues to monitor international crude oil prices and global fuel market conditions.
22 Articles
22 Articles
Windfall Tax on Diesel Hike: The government has increased the windfall tax on diesel and ATF. Previously, their duties were increased on March 26th. However, the tax on petrol has remained unchanged.
Govt Hikes Export Duty on Diesel to Rs 14/litre, ATF to Rs 12.5/litre; No Change in Fuel for Domestic Consumption
Get latest articles and stories on Business at LatestLY. The Central government on Monday hiked the export duties levied on diesel by Rs 14 per litre and Aviation Turbine Fuel (ATF) by Rs 12.5 per litre, with no change in the rates of duty on petrol. Business News | Govt Hikes Export Duty on Diesel to Rs 14/litre, ATF to Rs 12.5/litre; No Change in Fuel for Domestic Consumption.
Govt hikes export duty on diesel to Rs 14/litre, ATF to Rs 12.5/litre; no change in fuel for domestic consumption - The Tribune
The Central government on Monday hiked the export duties levied on diesel by Rs 14 per litre and Aviation Turbine Fuel (ATF) by Rs 12.5 per litre, with no change in the rates of duty on petrol.
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