New Delhi, Sept 2026 : The Centre has reduced export levies on petrol, diesel and aviation turbine fuel (ATF), with the revised rates coming into effect from September 16 and remaining applicable for the next fortnight, according to notifications issued by the Finance Ministry.
Under the revised structure, the export levy on petrol has been cut by Rs 1 per litre, from Rs 1.50 to Rs 0.50. The levy on diesel has been reduced by Rs 5 per litre, from Rs 25 to Rs 20, while the levy on ATF has been lowered by Rs 4 per litre, from Rs 19 to Rs 15.
The government has also altered the components of the levy imposed on diesel exports. The earlier charge of Rs 25 per litre comprised Rs 24 as Special Additional Excise Duty (SAED) and Rs 1 as Road and Infrastructure Cess (RIC). Under the revised structure, the SAED has been reduced to Rs 20 per litre, while the RIC has been withdrawn.
Through separate notifications, the Finance Ministry formally revised the SAED on petrol and diesel to Rs 0.50 and Rs 20 per litre, respectively. The levy applicable to ATF exports has also been reduced to Rs 15 per litre.
The Rs 1 per litre RIC on diesel exports has been withdrawn after being introduced during the previous review. A notification issued on September 1 had raised the RIC on diesel exports from nil to Rs 1 per litre.
The export levies on petroleum products were introduced from March 27, 2026, against the backdrop of the West Asia crisis. The measures were aimed at discouraging excessive exports and ensuring adequate availability of petroleum products in the domestic market.
The government reviews these export levies every fortnight, taking into account movements in average international prices of crude oil, petrol, diesel and ATF.
The latest reduction applies only to exports and does not alter the prices of petrol, diesel or other fuels in the domestic market. The Finance Ministry notifications do not announce any change in the existing excise duty rates applicable to petrol and diesel meant for domestic consumption.
The revised rates will remain in force for the current fortnight, after which the government is expected to review the levies again based on international market conditions and domestic availability requirements.
(Disclaimer :The content of this article is sourced from a news agency and has not been edited by the Mavericknews30 team.)
