India Increases Petrol Export Duty While Reducing Levies on Diesel and ATF
Centre Raises Petrol Export Duty To Rs 3/Litre, Cuts Levies On Diesel, ATF Effective May 16
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The Indian Finance Ministry has raised the Special Additional Excise Duty (SAED) on petrol exports to ₹3 per litre, while imposing higher duties of ₹16.5 on diesel and ₹16 on Aviation Turbine Fuel (ATF). These changes take effect on May 16, 2026, but domestic fuel prices will remain unaffected as local excise duties are unchanged.
- 01The new SAED rates are ₹3 per litre for petrol, ₹16.5 for diesel, and ₹16 for ATF.
- 02The revised export duties will be effective from May 16, 2026.
- 03Domestic excise duties on fuel will remain unchanged, ensuring no immediate impact on retail prices.
- 04The Road and Infrastructure Cess on these petroleum products has been reduced to nil.
- 05This adjustment is part of a broader revision in the export taxation structure.
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The Indian Finance Ministry has announced an increase in the Special Additional Excise Duty (SAED) on petroleum exports, setting the rates at ₹3 per litre for petrol, ₹16.5 for diesel, and ₹16 for Aviation Turbine Fuel (ATF). These new rates will come into effect on May 16, 2026. Despite these increases, the government has decided to keep domestic excise duties unchanged, which means that retail fuel prices in India will not be affected immediately. Additionally, the Road and Infrastructure Cess on these products has been reduced to nil as part of the revised export taxation structure.
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The increase in export duties may affect the profitability of oil exporters, but retail fuel prices in India will remain stable for consumers.
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