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The central government has changed the rules of tax on selling oil abroad. Now companies will not have to pay any tax on selling petrol abroad, which earlier used to be ₹2.50 per litre. At the same time, export duty on diesel has been increased by Rs 3 and on aviation fuel (ATF) by 50…
The central government has reduced the windfall tax on the export of petrol, diesel and aviation fuel (ATF). The new rates have come into effect from August 14. According to the notification issued by the Finance Ministry, tax on petrol export has been completely abolished i.e. ‘zero’, while duty relief has been given on diesel…
Last Updated:May 31, 2026, 06:59 IST Centre revises export duties from June 1, petrol at Rs 1.5 per litre, diesel at Rs 13.5, ATF at Rs 9.5, only for exports. Domestic excise on fuel remain unchanged. Centre Reviews Fuel Export Levies Again as West Asia Tensions Persist The Central government has revised export levies on…
Last Updated:May 15, 2026, 11:20 PM IST Centre imposes windfall tax of Rs 3 per litre on petrol exports, cuts levy on diesel and aviation turbine fuel, new rates effective from May 16. Representative image The Centre on Friday imposed a windfall gains tax of Rs 3/litre on the export of petrol, while cutting the…