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Centre raises export duty on diesel, aviation fuel; scraps Rs 2.50 per litre levy on petrol

New Delhi, Oct 31 (UNI) The Centre on Saturday raised the special additional excise duty on diesel exports by Rs 3 to Rs 11.50 per litre and on aviation turbine fuel (ATF) by 50 paise to Rs 11 per litre, while abolishing the Rs 2.50 per litre levy on petrol exports, according to Finance Ministry notifications effective immediately. The revised rates, announced by the Department of Revenue through two notifications published in the Gazette of India, form part of the government's periodic adjustments to windfall taxes on petroleum product exports. Under Notification No. 55/2026-Central Excise, the special additional excise duty…

News Details

Words:
101
Type:
TEXT
Slug:
EXPORT DUTY ON DIESEL AVIATION FUEL
Source
UNI India
Category
,
Published At
31/10/26 19:46
Last updated
31/10/26 19:46
Location
New Delhi, India