Govt. cuts windfall tax on export of petrol, diesel and ATF
India has immediately reduced windfall taxes on the export of petrol, diesel, and aviation turbine fuel (ATF). The duty on diesel exports was cut to ₹20 per litre from ₹25, petrol to ₹0.5 per litre from ₹1.5, and ATF to ₹15 per litre from ₹19.
Why it matters
This policy change could impact the profitability of Indian oil refiners, influence domestic fuel prices, and affect India's position in the global energy market, potentially stimulating exports.
India as lowered windfall taxes on exports of petrol, diesel and aviation turbine fuel (ATF) with immediate effect, according to a government order issued late on Wednesday (September 16, 2026).
The duty on diesel exports has been cut to ₹20 per litre from 25 earlier. The levy on export of petrol been cut to ₹0.5 per litre from ₹1.5 earlier.
The tax on ATF has been set at ₹15 per litre from ₹19 earlier.
Published - September 17, 2026 02:59 am IST
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