Tag
India has reinstated windfall taxes on diesel, aviation turbine fuel, and petrol exports from June 1, 2026, ending a period of nil levies. The move signals a recovery in global refiner margins and will directly reduce export profitability for India's large private refiners.
India set the export duty on diesel at ₹23 per litre and on ATF at ₹33 per litre for the fortnight from May 1. Petrol exports remain duty-free. The fortnightly revision affects refiner export margins for state-owned and private fuel companies.
Tag
India has reinstated windfall taxes on diesel, aviation turbine fuel, and petrol exports from June 1, 2026, ending a period of nil levies. The move signals a recovery in global refiner margins and will directly reduce export profitability for India's large private refiners.
1mo ago · 3 min · Policy & Government
India set the export duty on diesel at ₹23 per litre and on ATF at ₹33 per litre for the fortnight from May 1. Petrol exports remain duty-free. The fortnightly revision affects refiner export margins for state-owned and private fuel companies.
2mo ago · 1 min · Policy & Government
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