1 day ago
Centre Cuts Diesel Export Levies for Next Fortnight
The government changed the taxes charged when fuel is exported to other countries.
Diesel exporters will now pay lower taxes than before.
The infrastructure charge fell from Rs 3 to Rs 1 per litre.
Another charge, called SAED, fell from Rs 24 to Rs 19 per litre.
These new rates began on September 1 and will last for two weeks.
Petrol exports have a Rs 1.5-per-litre charge.
Aviation fuel exports have a Rs 19-per-litre charge.
The taxes on petrol and diesel used inside the country did not change.
The Centre cut the Road and Infrastructure Cess on diesel exports to Rs 1 per litre from Rs 3.
The Special Additional Excise Duty on diesel exports was reduced to Rs 19 per litre from Rs 24.
The revised rates took effect on September 1 and apply for the next fortnight.
Petrol exports face a Rs 1.5-per-litre SAED, while ATF exports face a Rs 19-per-litre SAED.
Domestic petrol and diesel excise duty rates remain unchanged.
- Who
- The Centre, through a government notification.
- What
- The government reduced export levies on diesel and set levies for petrol and aviation turbine fuel exports.
- Where
- New Delhi; the changes apply to petroleum products meant for export.
- When
- Effective September 1, 2026, for the next fortnight.
- Why
- The rates were reviewed based on recent average international fuel prices, with export levies intended to support domestic availability amid the West Asia crisis.
Key facts
- Diesel RIC
- Reduced to Rs 1 per litre from Rs 3 per litre.
- Diesel SAED
- Reduced to Rs 19 per litre from Rs 24 per litre.
- Petrol export SAED
- Fixed at Rs 1.5 per litre.
- Petrol export RIC
- No RIC applies.
- ATF export SAED
- Fixed at Rs 19 per litre.
- Effective period
- The revised rates apply from September 1 for the next fortnight.
- Domestic fuel duties
- Existing excise duty rates on domestically consumed petrol and diesel remain unchanged.
Sources
Related news
India Slashes Windfall Tax on Petrol, Diesel and Jet Fuel
Government Raises Diesel Export Levy, Restores Petrol Charge
India cuts windfall gains tax on petrol, diesel, ATF exports
India Raises Petrol, Diesel Export Taxes, Cuts Jet Fuel Levy
India Slashes ATF, Petrol Export Duties; Keeps Domestic Taxes Steady
AIIMS Delhi Constitutes Committee To Review Teenager’s Death
President Murmu to Present 2024 Adventure Awards Alongside Sports Honours
Odisha Approves Rs 54,000 Crore Water Infrastructure Projects
BRICS Expansion Puts Membership and Reform at New Delhi Summit
AIIMS Experts Urge Early Detection as GI Diseases Rise
