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Fuel export duty revision
National · 3 updates
Export levy on petrol hiked, diesel lowered
The export duty on petrol was raised to ₹2.5 ($0.0263) per litre from ₹0.5 per litre, while the duty on diesel exports was cut to ₹8.5 per litre from ₹16 per litre, effective October 16, the order said.
Petrol Export Duty Rises To ₹2.5 Per Litre, Diesel Levy Cut To ₹8.5
India raises petrol export duty fivefold to Rs 2.5/litre, cuts diesel levy to Rs 8.5
In a recent policy shift, the Indian government has raised the export duty on petrol to Rs 2.5 per litre while reducing the diesel duty to Rs 8.5 per litre. This adjustment reflects the government's continuous evaluation of export duties based on global crude oil pricing, which occurs biweekly. Interestingly, the export duty for aviation turbine fuel remains steady at Rs 10.
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