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Government Slashes Windfall Tax on Diesel, ATF Exports Amidst Global Volatility
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News18•30-09-2026, 23:15
Government Slashes Windfall Tax on Diesel, ATF Exports Amidst Global Volatility
- •The government has reduced the windfall gains tax on the export of diesel and aviation turbine fuel (ATF) starting October 1.
- •The special additional excise duty (SAED) on diesel exports is now Rs 16 per litre, down from Rs 20 a litre.
- •SAED on ATF exports has been set at Rs 10.5 per litre, a decrease from Rs 15 per litre.
- •The duty on petrol exports remains unchanged at Rs 0.5 per litre for the upcoming fortnight.
- •The windfall tax was initially imposed to ensure domestic availability of fuel and prevent exporters from exploiting price differences during the West Asia crisis.
Key Questions Answered
The special additional excise duty on diesel exports has been reduced to Rs 16 per litre from Rs 20, and on aviation turbine fuel (ATF) to Rs 10.5 per litre from Rs 15.
The export duty on petrol has been retained at Rs 0.5 per litre for the fortnight beginning October 1.
The windfall tax was introduced to increase domestic fuel availability and prevent exporters from taking undue advantage of global price differences amid escalating West Asia tensions.
