Folks refuel their vehicles at a petroleum pump in Bangalore on Could 15, 2026. Photograph by J. Allen Egenuse
To provide additional impetus to gasoline exports, the Finance Ministry in a gazette notification issued on Friday night time introduced that export responsibility on petrol has been elevated from zero to Rs 3 per liter, whereas export responsibility on diesel and aviation turbine gasoline (ATF) has been lowered to Rs 16.5 and Rs 16 per liter respectively.
There can be no change to the prevailing excise tax charges on petrol and diesel for home consumption.
The division has been conducting biweekly assessments to evaluate acceptable levies for the reason that escalation of conflicts in West Asia.
The final modification was made on Could 1st. Excise responsibility on diesel exports has been lowered to Rs 23 per liter from the earlier Rs 55 per liter and excise responsibility on aviation turbine gasoline has been lowered to Rs 33 per liter from Rs 42 per liter.
Particular Extra Excise Obligation (SAED) on gasoline exports will stay at zero.
“Export taxes (Particular Extra Excise Obligation (SAED)/Street and Infrastructure Tax (RIC)) on exports of gasoline, diesel and aviation turbine gasoline (ATF) have been launched from March 27, 2026, with a purpose to guarantee home availability of petroleum merchandise by inhibiting exports within the context of the West Asian disaster,” the federal government mentioned in an announcement on April 30.
