Govt cuts export duties on petrol, diesel, ATF from June 1; keeps domestic taxes unchanged, check revised rates


The Centre has revised export duties on petrol, diesel and aviation turbine fuel (ATF) for the next fortnight beginning June 1

Updated: May 31, 2026, 8:30 AM IST







New Delhi: The Centre has revised export duties on petrol, diesel and aviation turbine fuel (ATF) for the next fortnight beginning June 1, the Finance Ministry said on Saturday. Consequently, the rate of duty will be Rs 1.5 per litre (SAED- Rs 1.5; RIC- Nil) on exports of petrol, Rs. 13.5 per litre (SAED – Rs. 13.5; RIC – Nil) on exports of diesel and Rs. 9.5 per litre (SAED only) on exports of ATF. Meanwhile, there is no change in the existing excise duty rates on petrol and diesel cleared for domestic consumption.

What are the revised export duty rates on petrol, diesel and aviation turbine fuel?

“Export levies [Special Additional Excise Duty (SAED)/Road and Infrastructure Cess (RIC)] on the exports of petrol, diesel and aviation turbine fuel (ATF) were introduced with effect from 27th March, 2026 so as to ensure domestic availability of petroleum products by disincentivising exports in the backdrop of the West Asia crises,” the Ministry of Finance in the press release stated.

The rates are being revised on a fortnightly basis, and the last such revision was undertaken with effect from 16th May, 2026. The rates are prescribed based on the average international prices of crude oil, petrol, diesel and ATF prevailing during the period since the last review. The notification will come into force with effect from June 1, 2026.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *