Govt imposes Rs 3/litre windfall tax on petrol exports, cuts diesel and ATF export levies

May 15, 2026 - 23:30
Govt imposes Rs 3/litre windfall tax on petrol exports, cuts diesel and ATF export levies

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The government has imposed a Rs 3 per litre windfall tax on petrol exports while reducing levies on diesel and aviation fuel. These revised rates, effective May 16, aim to ensure domestic fuel availability and prevent excessive profits from elevated global crude oil prices amid the West Asia conflict.

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