The Central Government has revised central excise duties on petrol, diesel, and ATF exports, effective August 15, reducing the Special Additional Excise Duty on ATF exports. These changes can impact exporters significantly.
Changes in Central Excise Levies for Fuel Exports
The Central Government has issued new notifications revising the excise levies on petrol, diesel, and aviation turbine fuel (ATF) exports, effective from August 15. Notably, the notifications remove the previously specified Special Additional Excise Duty on petrol exports and Regulatory Import Charges on diesel, while reducing the SAED on ATF exports to Rs. 19.50 per litre.
These adjustments aim to enhance the competitiveness of Indian fuel in the global market. The modifications reflect the government's ongoing efforts to fine-tune fiscal policy in response to market dynamics and international pricing structures.
Exporters should be aware of these changes as they could lead to better margins on their overseas shipments. Legal advisors should counsel clients on compliance with these revised duties to avoid inadvertent breaches of tax obligations.
Citations
- Notification No. 123/2026

