HOME > MARKETS > ECONOMY NEWS
  ECONOMY NEWS
ECONOMY
Govt hikes windfall tax on exports of diesel to Rs 15.5 per litre, ATF to Rs 14.5 per litre
Jul-16-2026

Amid escalating tensions in West Asia, the government of India has hiked the windfall gains tax on exports of diesel and ATF (Aviation Turbine Fuel) beginning July 16, 2026. The rate of Special Additional Excise Duty (SAED) on diesel exports has been increased to Rs 15.5 per litre from Rs 8.5 per litre. Similarly, SAED on ATF exports has been raised to Rs 14.5 per litre from Rs 7.5 per litre till July 15. However, the export duty on petrol has been cut to Rs 2.5 per litre, from Rs 4 per litre.

The Finance ministry has noted that there is no change in the existing duty rates on petrol and diesel cleared for domestic consumption. Earlier, on March 27, the government had imposed an export duty on diesel and ATF and revised the rates every fortnight amid West Asia tensions. Further, an export duty was also imposed on petrol on May 16. 

The windfall tax was aimed at increasing domestic availability of the fuel and barring exporters to take undue advantage due to price differences as globally crude oil prices had risen since the beginning of the war.

  RELATED NEWS >>