The government has cut the windfall gains tax on the export of diesel to ₹23 per litre and aviation turbine fuel to ₹33/litre, effective Friday (May 1, 2026).
The Finance Ministry, in a statement, said there will be no change in existing excise duty rates on petrol and diesel for domestic consumption.
The special additional excise duty on export of diesel was reduced to ₹23 per litre from ₹55.5 per litre, and aviation turbine fuel to ₹33 per litre from ₹42 per litre.