The central government has completely eliminated the tax of Rs 2.50 per litre on exporting petrol abroad. This step has been taken to prevent any shortage of petrol and diesel within the country amid tensions in the Middle East. Despite high crude oil prices internationally, the domestic prices of petrol and diesel have been kept stable.

diesel and atf export duties raised

The government has increased the export duty on diesel and aviation turbine fuel, known as ATF. The export duty on diesel for overseas shipments has been increased by Rs 3 to reach Rs 11.50 per litre.

Meanwhile, the export duty on ATF has been raised by 50 paise to Rs 11 per litre. The government reviews and determines export taxes every 15 days based on international prices.