India Lowers Windfall Tax on Petrol, Diesel and Aviation Turbine Fuel Exports

5paisa Capital Ltd - 0 min read

Last Updated: 17th September 2026 - 12:41 pm

Windfall tax rates for exporting petrol, diesel and aviation turbine fuel have been slashed in India, coming into effect from today itself. 

These changes have

been notified in an order issued by the government towards the end of yesterday, September 16. 

In respect of diesel, the rate has been cut to ₹20 per liter from ₹25 per liter. As regards petrol, there has been a sharp cut with the rate coming down to ₹0.50 per liter from ₹1.50 previously. 

Windfall tax on aviation turbine fuel has also been cut. It will now stand at ₹15 per litre, compared with ₹19 per litre previously. 

The revised rates apply with immediate effect, lowering the export tax burden across all three petroleum products covered by the government order. 

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