India Revises Export Duties on Petrol, Diesel, and Aviation Fuel from July 1
The Indian government has revised export duties on petroleum products effective July 1, reducing levies on diesel to Rs 8.5 per litre and aviation turbine fuel (ATF) to Rs 7.5 per litre, while increasing the duty on petrol exports to Rs 4 per litre. These adjustments aim to balance domestic fuel availability amid easing global oil prices. Export duty exemptions for public sector oil companies have been extended to Mauritius and Maldives, in addition to existing neighbouring countries. Domestic excise rates remain unchanged.