GENERAL17 Sept 2026
India cuts windfall tax on export of petrol, diesel, and aviation fuel
India has cut the windfall tax on exports of petrol, diesel and aviation turbine fuel, effective immediately, through a government order issued late on Wednesday. Diesel export duty drops to ₹20 a litre from ₹25, petrol to ₹0.5 from ₹1.5, and aviation turbine fuel to ₹15 from ₹19. If you export these fuels, check your latest invoices and pricing before you bill.
Key Statutory Highlights
- The export duty on diesel has been cut to ₹20 per litre from ₹25 per litre.
- The levy on petrol exports has been cut to ₹0.5 per litre from ₹1.5 per litre.
- The tax on aviation turbine fuel has been set at ₹15 per litre, down from ₹19 per litre.
Actionable Advice for Taxpayers / Founders:If you export petrol, diesel or aviation turbine fuel, review your current contracts and invoices against the reduced rates, and confirm the rate that applies to your shipment with your tax advisor before you raise your next bill.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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