Petrol export duty cut to nil, diesel levy raised by ₹3 a litre

New Delhi The government on Saturday (October 31, 2026) slashed the export duty on petrol to nil while hiking the levy on export of diesel and aviation turbine fuel (ATF) by ₹3 per litre and 50 paise per litre respectively for the next 15-day period. There was no change in the existing excise duty rates for petrol and diesel for domestic consumption. Diesel exports would now draw a levy of ₹11.5 for every litre against ₹8.5 per litre it drew in the previous fortnight. ATF would be subject to an export levy of ₹11 for every litre against ₹10.5 for every litre as mandated for the previous fortnight. The revised levy on diesel assumes significance as India spiked its exports of the liquid vehicular fuel amid a global supply crunch, particularly in Europe.