The Indian government has increased the windfall tax on exports of diesel and aviation turbine fuel (ATF), while keeping the levy on petrol unchanged, according to a notification released on Tuesday.
New tax rates on diesel and ATF exports
The rate of special additional excise duty (SAED) on the export of diesel has been raised to Rs 14 per litre, up from Rs 13.5 per litre. Similarly, the SAED on export of ATF has been increased to Rs 12.5 per litre, compared to the previous rate of Rs 9.5 per litre. The revised taxes are effective from June 16, 2026.
Petrol export tax remains steady
The windfall tax on petrol exports remains unchanged, continuing at the existing rate. The government had first introduced the windfall tax in July 2022 to capture extraordinary profits of oil refiners amid high global energy prices.
The move is aimed at ensuring domestic fuel availability and moderating export margins. The tax rates are reviewed periodically based on global crude oil prices and market conditions.
