India cuts export duties on petrol, diesel and aviation turbine fuel
People line up to refuel their vehicles at a Bharat Petroleum (BP) fuel station in Varanasi on March 10, 2026. The oil price spike caused by the war in the Middle East has sparked exasperation at petrol pumps around Asia, where many economies are heavily dependent on fossil fuel imports.
Photo: AFP
India will cut its export duty on petrol diesel and aviation turbine fuel (ATF) for the fortnight starting June 1, its government said in a statement on Saturday.
The duty on exports of petrol has been set at 1.5 rupees ($0.0158) per litre while that on diesel has been set at 13.5 rupees per litre, the statement said. Export duties on ATF have been set at 9.5 rupees per litre.
For all latest news, follow The Daily Star's Google News channel. The rates are being revised on a fortnightly basis and are based on the average international prices of crude oil, petrol, diesel and ATF during the period since the last review.
There is no change in the existing excise duty rates on petrol and diesel cleared for domestic consumption.
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