India cuts export duties on petrol, diesel and ATF

The Indian government has reduced windfall export duties on several petroleum products for the fortnight beginning August 15. Under the new rates, the export duty on petrol has been eliminated, dropping from Rs 3.5 per litre to zero.

Additionally, the Special Additional Excise Duty (SAED) on diesel exports has been lowered to Rs 24 per litre from Rs 25.5 per litre. The duty on aviation turbine fuel (ATF) has also been reduced from Rs 22 per litre to Rs 19.5 per litre.

These adjustments follow a previous increase in export levies implemented on August 3. The government conducts these reviews every two weeks based on average international prices for crude oil and refined products. The measures were originally introduced in March 2026 to ensure domestic fuel availability amid volatility caused by conflicts in West Asia. The Ministry of Finance clarified that these changes apply only to products cleared for export and do not affect excise duty rates for domestic consumption.