The Centre revised export duties on petroleum products from 16 October, halving the diesel levy and setting petrol at ₹2.50 per litre amid an export-curb regime begun during the West Asia conflict.

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• The Central Government revised petroleum product export duties with effect from 16 October 2026.
• The diesel export duty was cut from ₹16 to ₹8.50 per litre.
• The revised petrol export duty is ₹2.50 per litre.
• The government first imposed an export duty on diesel and aviation turbine fuel on 27 March 2026, amid escalating tensions in West Asia.
• An export duty on petrol was added from 16 May 2026, and the rates have been revised every fortnight since.
• The levy takes the form of a Special Additional Excise Duty, commonly called a windfall tax, applied only to exports.
• Duty rates on petrol and diesel cleared for domestic consumption have stayed unchanged through these revisions.
• The levy was intended to improve domestic fuel availability by discouraging exports during the West Asia crisis.
• Exports of petrol, diesel and ATF by public sector oil companies to Nepal, Bhutan, Bangladesh and Sri Lanka were exempted from the levy, and the exemption was later extended to Mauritius and the Maldives.
• Earlier revisions show the swings: diesel duty fell to ₹8.50 from 1 July and rose to ₹15.50 from 16 July 2026.

Tags: ExportDuty, WindfallTax, PetroleumProducts