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Govt Slashes Windfall Tax on Diesel, Jet Fuel Exports; Petrol Levy Unchanged
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News18•01-10-2026, 07:50
Govt Slashes Windfall Tax on Diesel, Jet Fuel Exports; Petrol Levy Unchanged
- •The government has reduced the windfall tax on exports of diesel and aviation turbine fuel (ATF) starting October 1.
- •The special additional excise duty (SAED) on diesel exports has been cut to Rs 16 per litre from Rs 20 per litre.
- •The levy on ATF exports has also been reduced to Rs 10.5 per litre from Rs 15 per litre.
- •The windfall tax on petrol exports remains unchanged at Rs 0.50 per litre.
- •The fortnightly review mechanism for windfall tax aims to balance export economics with domestic supply needs and global market conditions.
Key Questions Answered
Effective October 1, the special additional excise duty and road and infrastructure cess on diesel exports have been cut to Rs 16 per litre from Rs 20 per litre, while the levy on aviation turbine fuel exports has been reduced to Rs 10.5 per litre from Rs 15 per litre.
The government reviews and revises windfall tax rates every two weeks in response to changes in global petroleum prices and international market conditions.
No, the government has not made any changes to the existing duty rates on petrol and diesel cleared for domestic consumption.
