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The responsibility on diesel exports has been decreased to Rs 24 per litre from Rs 25.5, whereas the levy on petrol has been introduced right down to zero from Rs 3.5 per litre.
The tax on ATF exports has additionally been lowered to Rs 19.5 per litre from Rs 22.
India has lower windfall taxes on exports of petrol, diesel and aviation turbine gasoline (ATF), with the revised charges taking impact from Saturday, in response to a authorities order.
The responsibility on diesel exports has been decreased to Rs 24 per litre from Rs 25.5, whereas the levy on petrol has been introduced right down to zero from Rs 3.5 per litre.
The tax on ATF exports has additionally been lowered to Rs 19.5 per litre from Rs 22.
Charges Revised Each Fortnight
India opinions the export levies each two weeks, based mostly on worldwide costs of crude oil and petroleum merchandise.
The federal government first launched windfall taxes in July 2022 to seize extraordinary positive factors made by oil producers and refiners amid a pointy rise in international crude costs. The levy was scrapped in 2024, however was reintroduced in March 2026 after oil costs surged following the outbreak of conflict between the US, Israel and Iran.
The newest lower comes shortly after the federal government had raised the windfall tax earlier this month.
From August 3, the SAED on diesel exports was elevated to Rs 25.5 per litre from Rs 15.5, whereas the levy on ATF was raised to Rs 22 from Rs 14.5. The petrol export responsibility was additionally elevated to Rs 3.5 per litre from Rs 2.5.
The federal government had imposed export duties on diesel and ATF in March amid escalating tensions in West Asia, and commenced taxing petrol exports from Could 16.
The levies have been geared toward making certain sufficient home provides and stopping exporters from making the most of larger worldwide costs in the course of the regional battle.
The federal government has stated the export duties don’t apply to petrol and diesel offered for home consumption.
(With inputs from businesses)
Key Questions Answered
Ask News18The latest tax cuts on petrol, diesel, and jet gasoline exports usually are not anticipated to have an effect on home gasoline costs in India. The federal government has acknowledged that home excise responsibility charges on petrol and diesel for native consumption stay unchanged.
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The Information Desk is a group of passionate editors and writers who break and analyse an important occasions unfolding in India and overseas. From reside updates to unique experiences to in-depth explainers, …Learn Extra
August 15, 2026, 01:47 IST
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