Centre raises windfall tax on petrol, diesel and ATF exports from August 3
India raised special additional excise duty on diesel exports from Rs 15.5 to Rs 25.5 per litre, on ATF from Rs 14.5 to Rs 22 per litre, and on petrol from Rs 2.5 to Rs 3.5 per litre, effective August 3, 2026.
Domestic fuel duty rates for petrol and diesel remain unchanged.
The windfall tax, first imposed on diesel and ATF on March 27 and extended to petrol on May 16, aims to ensure domestic supply and curb exporter gains from higher global crude prices amid the Middle East crisis.
The duty revision follows a reduction in commercial LPG prices effective August 1, with a 19-kg cylinder costing Rs 2,728 in Delhi and Rs 2,872.50 in Kolkata.
Prime Minister Narendra Modi chaired a Cabinet Committee on Security meeting with senior ministers to assess conflict impacts on supply chains via the Strait of Hormuz, Black Sea, Red Sea, and Gulf of Aden.
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