Govt Revises Windfall Duty on Fuel Exports
Centre raises windfall duty on diesel and ATF exports, cuts levy on petrol amid rising global oil prices.
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“Govt Revises Windfall Duty on Fuel Exports”
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16 Jul 2026
New Delhi, July 16 (IANS) The Centre has raised windfall taxes on exports of diesel and aviation turbine fuel (ATF) while lowering the levy on petrol exports, as surging global oil prices driven by the escalating US-Iran conflict boosted refining margins, with the revised rates taking effect from Thursday.
According to a Finance Ministry notification, the export duty on diesel has been increased to Rs 15.5 per litre from Rs 8.5 per litre, while the levy on aviation turbine fuel has been raised to Rs 14.5 per litre from Rs 7.5 per litre.
