New Delhi, October 31, 2026 (Yes Punjab News)
The government on Saturday withdrew 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 Finance Ministry, petrol exports will now be exempt from export duty, which was earlier fixed at Rs 2.50 per litre.
Meanwhile, the duty on diesel exports has been increased from Rs 8.50 to Rs 11.50 per litre. The export levy on ATF has also 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 raised the levy on petrol exports from Rs 0.50 to Rs 2.50 per litre while reducing the duty on diesel exports from Rs 16 to Rs 8.50 per litre.
Fuel export duties have undergone several revisions in recent months as authorities seek to balance domestic supply requirements with changing global market conditions.
The export levies were reintroduced in March this year after geopolitical tensions in the Middle East triggered a sharp rise in global crude oil prices and disrupted established energy supply routes.
The government had said the measures were intended to ensure adequate domestic fuel availability by discouraging refiners from diverting supplies to overseas markets when export margins were more attractive.
India’s energy security concerns intensified following disruptions to shipping through the Strait of Hormuz, a critical transit corridor through which a significant share of the country’s crude oil imports traditionally moved.
The resulting supply uncertainty prompted refiners to diversify their sourcing arrangements and monitor export commitments more closely.
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