Urgent.News

What's breaking now, across thousands of outlets.

Culture

Centre scraps Rs 2.5/litre petrol export duty, hikes diesel levy to Rs 11.5

The Centre took significant steps on October 31 by eliminating the Rs 2.5 per litre duty on petrol exports. In contrast, the excise duties for high-speed diesel and aviation turbine fuel were ramped up; diesel duties increased from Rs 8.5 to Rs 11.5 per litre, and ATF duties from Rs 10.5 to Rs 11.

Centre scraps Rs 2.5/litre petrol export duty, hikes diesel levy to Rs 11.5

The Indian government has eliminated the Rs 2.5 per litre extra excise duty on petrol exports while increasing the levy on diesel and aviation turbine fuel (ATF). These changes were announced by the Ministry of Finance on Saturday, through separate notifications from the Department of Revenue.

The new rates for petrol, diesel and ATF exports took effect on October 31, the day the notifications were published in the official Gazette. The export duties on these petroleum products were initially introduced on March 27, 2026, in response to the geopolitical crisis in West Asia.

The government maintains that the levies were put in place to discourage exports and ensure that petroleum products are available in the domestic market. With international energy prices on the rise and supply uncertainties, the Centre has been revising the duties every fortnight since the initial announcement. The most recent revision, however, reflects the latest movements in global crude oil, petrol, diesel and ATF prices.

Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at timesofindia.indiatimes.com →

More in Culture

Closing times for shops and restaurants in Egypt during winter time

With Egypt shifting to winter time – setting clocks back by 60 minutes – interest has risen in current operating hours for retail shops, shopping malls, restaurants, cafés, and workshops, and whether…

  • Egypt shifts to winter time, moving clock back 60 minutes.
  • Retail shops open 7 am to 10 pm during winter hours.
  • Restaurants, cafés open 5 am to midnight during holidays.

More from Saturday 31 October →