Govt. reduces export levy on petrol to nil; diesel, ATF cut
Union government reduced export levy on petrol to ₹0/litre and cut export levies on diesel to ₹24/litre and ATF to ₹19.5/litre in a fortnightly review.
GS3The HinduGS3Export dutyFuel exports (petrol, diesel, ATF)Fortnightly export levy review
What happened
The Union government reduced export duties (export levies) on petroleum products in its latest fortnightly review intended to ensure domestic fuel availability. Key changes reported are:
Petrol: export levy cut to zero (₹0 per litre).Diesel: export levy reduced to ₹24 per litre.Aviation turbine fuel (ATF): export levy reduced to ₹19.5 per litre.
The Union government reported no change in excise duty rates for petrol and diesel supplied for domestic retail consumption.
Background and earlier position
The Union government started reviewing export levies on a fortnightly basis from March 27, following a conflict in West Asia earlier in the year. The stated goal of the fortnightly review mechanism is to disincentivize exports and keep fuel available in India. In the immediately preceding review (the export-levy rates before the latest reduction), export levies were higher:
