India Revises Export Duties on Fuel Products Effective June 1
Centre revises export duties on petrol, diesel and aviation turbine fuel from June 1. Check revised prices
Image: Hindustan Times
The Indian government has revised export duties on petrol, diesel, and aviation turbine fuel (ATF) effective June 1. The new rates are ₹1.5 per litre for petrol, ₹13.5 for diesel, and ₹9.5 for ATF, aimed at managing domestic fuel prices amid global supply constraints.
- 01The revised export duty rates are ₹1.5 per litre for petrol, ₹13.5 for diesel, and ₹9.5 for aviation turbine fuel (ATF).
- 02These changes will take effect from June 1, 2026, as part of the government's ongoing assessment of fuel prices.
- 03The export duties were initially introduced in March 2023 to ensure domestic fuel availability during the West Asia crisis.
- 04There is no change in the excise duty rates for petrol and diesel intended for domestic consumption.
- 05Current petrol prices in New Delhi stand at ₹102.12 per litre, with variations in other cities like Kolkata and Mumbai.
Advertisement
In-Article Ad
The Indian government has announced revised export duties on petrol, diesel, and aviation turbine fuel (ATF), effective June 1, 2026. The new export duties are set at ₹1.5 per litre for petrol, ₹13.5 per litre for diesel, and ₹9.5 per litre for ATF. This adjustment is part of the government's strategy to manage domestic fuel prices amid ongoing global energy supply challenges, particularly influenced by the West Asia crisis. The export duties were first introduced in March 2023 to ensure sufficient domestic supply of petroleum products. The Ministry of Finance confirmed that these rates will be assessed on a fortnightly basis based on average international crude oil prices. Notably, there are no changes to the existing excise duties on petrol and diesel for domestic use. As of now, petrol prices in New Delhi are ₹102.12 per litre, with prices in Kolkata and Mumbai being higher at ₹113.47 and ₹111.21 respectively.
Advertisement
In-Article Ad
The revised export duties may influence domestic fuel prices, potentially stabilizing them amidst international supply fluctuations.
Advertisement
In-Article Ad
Reader Poll
How do you feel about the revised export duties on fuel products?
Connecting to poll...
More about Ministry of Finance
India Waives Customs Duty on Cotton Imports for Five Months Starting June 2026
Asianet Newsable • May 30, 2026
&w=1200&q=75)
Government Increases Enforcement Directorate Workforce by Over 60% to Tackle Financial Crimes
Zee News • May 27, 2026
Indian Government Restructures ED to Enhance Operational Efficiency
Asianet Newsable • May 27, 2026
Read the original article
Visit the source for the complete story.