By Admin 
Amidst the worldwide oil crisis, the Indian government has taken a big decision and reduced the export duty on petrol and diesel. The Modi government at the Center said on Saturday (May 30) that export duty on petrol, diesel and aviation turbine fuel (ATF) will be reduced from June 1. According to news agency Reuters, the export duty on petrol has been fixed at Rs 1.5 per liter, while on diesel it will be Rs 13.5 per liter, while the export duty on ATF has been kept at Rs 9.5 per liter.
Review takes place every 15 days
Rates are changing every fortnight (two week period). These changes are decided on the average worldwide prices of crude oil, petrol, diesel and ATF. Usually, the government reviews the oil prices in the international market every fortnight and accordingly the export duty on petrol, diesel and ATF is decided.
However, the same old tax will be levied on petrol and diesel supplied to the common people, nothing new has been added or subtracted from it. Let us tell you that export duty is a kind of indirect tax which the government of any country imposes on the goods sent out of its country (to other countries).
When was the last amendment made?
Export duties in the form of Special Additional Excise Duty (SAED) and Road and Infrastructure Cess (RIC) on exports of petrol, diesel and ATF were first implemented on March 27, 2026. The government said the measure was aimed at ensuring adequate domestic supply of petroleum products in the face of excessive exports, at a time when global energy markets were being affected by the ongoing conflict in West Asia. Officials said that the fee is reviewed and revised every fortnight based on the current conditions of the international market. The previous amendment came into effect from May 16, 2026.
New rates effective from June 1
There will be a duty of Rs 1.5 per liter on export of petrol. This entire amount will be collected as special additional excise duty, while Road and Infrastructure Cess will not be levied. Modi government has fixed the export duty for aviation turbine fuel at Rs 9.5 per liter. This fee will be collected only as special additional excise duty. The revised rates will remain in effect for the next fortnight until the next review and changes are announced.
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