Saturday, October 31, 2026

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October 31, 2026 5:00 PM IST

Ministry of Finance | Aviation Turbine Fuel | Windfall tax | petrol exports | Special Additional Excise Duty | Diesel Export Duty | ATF

Centre Removes Export Duty on Petrol, Raises Levies on Diesel and ATF

The Centre has withdrawn the special additional excise duty on petrol exports while increasing export levies on diesel and aviation turbine fuel (ATF), according to notifications issued by the Ministry of Finance on Saturday.

Under the revised rates, petrol exports will attract no export duty, compared to the earlier levy of Rs 2.50 per litre.

The export duty on diesel has been increased from Rs 8.50 to Rs 11.50 per litre, while the levy on aviation turbine fuel (ATF) has been raised from Rs 10.50 to Rs 11 per litre.

The revised rates come as the government continues its fortnightly review of fuel export duties in response to fluctuations in international crude oil and refined petroleum product prices.

The latest revision partially reverses the October adjustment, when the government had increased the export levy on petrol from Rs 0.50 to Rs 2.50 per litre while reducing the duty on diesel from Rs 16 to Rs 8.50 per litre.

Fuel export duties have undergone several revisions in recent months as the government seeks to balance domestic fuel availability with changing international market conditions.

The export levies were reintroduced in March 2026 following heightened geopolitical tensions in the Middle East, which triggered a rise in global crude oil prices and disrupted established energy supply routes.

The government had stated that the measures were aimed at ensuring adequate domestic fuel supplies by discouraging refiners from diverting petroleum products to overseas markets when export margins were more attractive.

-IANS

Last updated on: 31st October 2026

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