India cuts windfall tax on exports of petrol, diesel, aviation fuel
14/08/2026 18:56
India cuts windfall tax on exports of petrol, diesel, aviation fuel Aug 14 (Reuters) - India has lowered windfall taxes on exports of petrol, diesel and aviation turbine fuel with effect from Saturday, according to a government order.
The duty on diesel exports has been cut to 24 Indian rupees ($0.2515) per litre from 25.5 rupees, while petrol duty has been set at zero rupees per litre, down from 3.5 rupees, the government order showed. The tax on aviation turbine fuel has been set at 19.5 rupees per litre from 22 rupees earlier.
($1 = 95.4400 Indian rupees)
(Reporting by Nikunj Ohri and Kanjyik Ghosh; Editing by Mark Porter)
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