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Politics The Hindu National Politics • Oct 31, 2026

Petrol Export Duty Cut to Nil, Diesel Levy Raised by ₹3 a Litre: Full Details on INDIA's Fortnightly Windfall Tax Revision

💡 Key Takeaways

•The Central Government reduced the export duty on petrol to nil during its fortnightly review.
•The export levy on diesel was raised by ₹3 per litre, bringing the new rate to ₹11.5 per litre following increased export volumes.
•Kpler data recorded India's diesel exports touching 700 kilo barrels per day in October, the highest since September 2025.

NEW DELHI [NCRBuzz Wire] — ### What Happened: The Verified Facts

**The Union Government has officially revised the special additional excise duty (SAED) on petroleum products, reducing the export duty on petrol to nil while increasing the levy on diesel exports by ₹3 per litre.** The fortnightly adjustment brings the new export tax on diesel to ₹11.5 per litre, up from the previous rate of ₹8.5 per litre. Additionally, the export levy on aviation turbine fuel (ATF) has been hiked to ₹11 per litre from ₹10.5 per litre.

**Market analytics data compiled by Kpler indicates that India's diesel exports surged to 700 kilo barrels per day in October.** This volume represents the highest export rate recorded for the fuel since September 2025, reflecting shifting global energy demands and domestic refinery output trends. The administration conducts these reviews every fortnight to calibrate domestic availability against international crude price fluctuations.

### Why It Matters: Root Cause & Context

**These fortnightly tax modifications are driven by fluctuations in international crude oil prices and domestic consumption margins under India's windfall profit tax framework.** Imposed initially to capture supernormal profits of domestic refiners operating amid volatile global energy markets, the tax rates are adjusted dynamically. The sharp rise in October diesel exports to 700 kilo barrels per day necessitated a higher levy to balance domestic supply dynamics and fiscal policy objectives.

### What Lies Ahead: Impact & Next Steps

**Refiners and export-oriented energy firms will be required to account for the revised duty structure effective immediately.** Market participants and analysts will monitor the next fortnightly review cycle by the Ministry of Finance to gauge further adjustments in line with global crude trends.

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🏛️ Background Context

India implemented special additional excise duties (SAED) on fuel exports in July 2022 to ensure domestic fuel availability when private refiners preferred exporting to lucrative overseas markets. Fortnightly revisions adjust these levies based on international product cracks and crude price trends.

💡 Citizen & Commuter Quick Explainer (FAQ)

Q1: What are the revised export duty rates for petrol and diesel?

The export duty on petrol has been reduced to nil, while the levy on diesel has been increased by ₹3 to ₹11.5 per litre.

Q2: Why did the government adjust the fuel export levies?

The adjustments are part of the fortnightly windfall tax review driven by international crude price dynamics and strong domestic export volumes.

Q3: What were India's diesel export levels recently?

According to Kpler data, India's diesel exports touched 700 kilo barrels per day in October, reaching the highest level since September 2025.

Verified Wires: The Hindu National Politics Original Wire Dispatch ↗

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