A scene at a fuel station in New Delhi. The central authorities has revised export taxes on petrol, diesel and aviation turbine gasoline (ATF) for 2 weeks beginning June 1. The central authorities has saved the excise tax charge on petrol and diesel bought within the home market unchanged. |Picture courtesy of Sushi Kumar Verma
The central authorities has revised export taxes on petrol, diesel and aviation turbine gasoline (ATF) for 2 weeks beginning June 1.
In accordance with an official notification, the responsibility has been set at ₹1.5 per liter for petrol exports, ₹13.5 per liter for diesel exports and ₹9.5 per liter for ATF exports.
Nonetheless, the Middle saved the excise tax charge on petrol and diesel bought within the home market unchanged.
In accordance with the notification, the revised tariffs have been decided primarily based on the typical worldwide costs of crude oil, gasoline, diesel and ATF for the interval for the reason that final assessment.
The export tax was launched on March 27, 2026, with the purpose of securing home entry to petroleum merchandise by curbing exports in opposition to the backdrop of the West Asian disaster. The final revision went into impact on Might 16, 2026.
On Might 16, the federal government revised the export responsibility on petroleum merchandise, imposing Particular Extra Excise Obligation (SAED) of Rs 3 per liter on petrol exports, whereas lowering responsibility on diesel to Rs 16.5 per liter.
The Ministry of Finance notification mentioned enter of ₹3 per liter might be substituted for petrol exports, whereas diesel has been revised to ₹16.5 per liter. He additional mentioned that highway and infrastructure fees have been lowered to zero for petrol and diesel exports. Home gasoline tax charges remained unchanged.
To this point, diesel export taxes have been revised a number of occasions. It was first set at Rs 21.50 per liter on March 26 and later elevated to Rs 55.5 per liter on April 11. It was later lowered to Rs 23 per liter on April 30 and has now been additional lowered to Rs 16.5 per liter.
Equally, aviation turbine gasoline (ATF) adopted an analogous sample. Initially it was ₹29.5 per litre, which later elevated to ₹42 per litre. It was later lowered to ₹33 per liter and now to ₹16 per liter.
The windfall tax framework was launched to make sure sufficient home gasoline availability and to curb exports amid unstable international oil markets triggered by the West Asian disaster.
