Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Unregulated quarrying upsets upland residents in Kozhikode
    Unregulated quarrying upsets upland residents in Kozhikode Nation
  • Argentina has surplus harvest but farmers want more from President Milei
    Argentina has surplus harvest but farmers want more from President Milei World
  • Frail Vinod Kambli Struggles To Walk At Wankhede Stadium Ceremony, Meeting With Sunil Gavaskar Viral. Watch
    Frail Vinod Kambli Struggles To Walk At Wankhede Stadium Ceremony, Meeting With Sunil Gavaskar Viral. Watch Sports
  • Access Denied Sports
  • It’s about elevating my intent and refining shot-selection, says Devon Conway
    It’s about elevating my intent and refining shot-selection, says Devon Conway Sports
  • Students received a warm welcome featuring floral decorations and celebratory gestures in all school on Monday
    Students received a warm welcome featuring floral decorations and celebratory gestures in all school on Monday Nation
  • Access Denied Sports
  • PM Modi inaugurates NGT’s climate conference, highlights climate inequality
    PM Modi inaugurates NGT’s climate conference, highlights climate inequality Nation
Government revises fuel export levies for fortnight beginning June 1, domestic rates unchanged

Government revises fuel export levies for fortnight beginning June 1, domestic rates unchanged

Posted on May 31, 2026 By admin


A scene at a petrol bunk in New Delhi. Central government has revised export levies on petrol, diesel and aviation turbine fuel (ATF) for the fortnight beginning June 1. Centre has left excise duty rates on petrol and diesel sold in the domestic market unchanged.
| Photo Credit: Sushil Kumar Verma

The Central government has revised export levies on petrol, diesel and aviation turbine fuel (ATF) for the fortnight beginning June 1.

The duty has been set at ₹1.5 per litre on petrol exports, ₹13.5 per litre on diesel exports and ₹9.5 per litre on ATF exports, as per an official notification.

However, the Centre has left excise duty rates on petrol and diesel sold in the domestic market unchanged.

According to the notification, the revised rates have been prescribed based on the average international prices of crude oil, petrol, diesel and ATF prevailing during the period since the last review.

The export levies were introduced on March 27, 2026, to ensure domestic availability of petroleum products by discouraging exports in the backdrop of the West Asia crisis. The last revision came into effect on May 16, 2026.

On May 16, the government revised export taxes on petroleum products, imposing a special additional excise duty (SAED) of ₹3 per litre on petrol exports while reducing the duty on diesel to ₹16.5 per litre.

The notification by the Ministry of Finance stated that the entry of ₹3 per litre shall be substituted for petrol exports, while diesel has been revised to ₹16.5 per litre. It further said the road and infrastructure cess has been reduced to zero on petrol and diesel exports. Domestic fuel tax rates remained unchanged.

Earlier, export duty on diesel was revised multiple times. It was first set at ₹21.50 per litre on March 26, then raised to ₹55.5 per litre on April 11. Later, it was cut to ₹23 per litre on April 30, and has now been further reduced to ₹16.5 per litre.

Similarly, aviation turbine fuel (ATF) followed a similar pattern. The duty was first ₹29.5 per litre, then increased to ₹42 per litre. It was later reduced to ₹33 per litre and has now been brought down to ₹16 per litre.

The windfall tax framework was introduced to ensure adequate domestic fuel availability and curb exports amid volatile global oil markets triggered by the West Asia crisis.

Published – May 31, 2026 10:29 am IST



Source link

Business Tags:domestic rates of petrol and diesel remain unchanged, fluctuating global oil prices, fuel export levies, government revises fuel export levies from June 1, west asia conflict

Post navigation

Previous Post: Tamil Nadu: The Sulur horror story of sexual assault and murder of 10-year-old girl
Next Post: Uproar in U.P. over 10% fuel surcharge on electricity bills

Related Posts

  • Economic Survey 2024-25 | Despite significant volatility, Indian markets have been among the best globally
    Economic Survey 2024-25 | Despite significant volatility, Indian markets have been among the best globally Business
  • Ahead of budget, U.S.-India forum urges Nirmala Sitharaman for stable and predictable tax environment
    Ahead of budget, U.S.-India forum urges Nirmala Sitharaman for stable and predictable tax environment Business
  • Access Denied Business
  • ‘Indians Will Do The Impossible’ — CEA References Mark Tully, Expresses Optimism’ For ‘Viksit Bharat’ Business
  • Proposed GST hike for Kashmiri shawl will finish craft: Mehbooba Mufti
    Proposed GST hike for Kashmiri shawl will finish craft: Mehbooba Mufti Business
  • Nvidia’s Jensen Huang Dismisses Fears That AI Will Replace Software Tools Amid IT Selloff, Calls It Illogical Business

More Related Articles

Rupee rises one paisa to close at 83.96 against U.S. dollar Rupee rises one paisa to close at 83.96 against U.S. dollar Business
Jio BlackRock AMC attracts 10 lakh investors, 18% first-time participants Jio BlackRock AMC attracts 10 lakh investors, 18% first-time participants Business
UPI leads in payments volume, RTGS in value; debit card transactions decline: RBI report UPI leads in payments volume, RTGS in value; debit card transactions decline: RBI report Business
NASSCOM strongly responds to DHS’ proposal to fix H-1B visa fee at 3,265 NASSCOM strongly responds to DHS’ proposal to fix H-1B visa fee at $103,265 Business
Markets climb in early trade ahead of RBI monetary policy decision Markets climb in early trade ahead of RBI monetary policy decision Business
Reliance to buy sanctions-compliant Russian oil in February and March, sources say Reliance to buy sanctions-compliant Russian oil in February and March, sources say Business
SiteLock

Archives

  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • The Hindu Foundation Day: revisiting the journey
  • Medians needed at sharp bends in Guindy – The Hindu
  • Why has the U.S. deployed ‘weapons’ in space? | Explained
  • BSNL deputy general manager urges engineering students to embrace AI, robotics and quantum technology
  • Delhi Police head constable, wife found dead in Narela; children find flat locked from inside

Recent Comments

  1. DonaldFrosy on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. DonaldFrosy on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. YWgliuZUXRuWYumGOFzzpY on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. AlvinNet on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. AlvinNet on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Euro 2024 LIVE: Netherlands Face England In A Massive Semifinal Clash
    Euro 2024 LIVE: Netherlands Face England In A Massive Semifinal Clash Sports
  • China, Trump talk up prospects for U.S.-China collaboration
    China, Trump talk up prospects for U.S.-China collaboration World
  • WWE Survivor Series WarGames 2024 Live Updates: Naomi’s Surprise Weapon Stuns Everyone
    WWE Survivor Series WarGames 2024 Live Updates: Naomi’s Surprise Weapon Stuns Everyone Sports
  • Hezbollah Chief Hassan Nasrallah Agreed To Ceasefire Before Being Killed: Lebanon Minister
    Hezbollah Chief Hassan Nasrallah Agreed To Ceasefire Before Being Killed: Lebanon Minister Nation
  • Argentina President’s “Chainsaw” Threatens Oscar-Winning Cinema, Culture
    Argentina President’s “Chainsaw” Threatens Oscar-Winning Cinema, Culture World
  • 5 ISIS Bombs Found Hidden In Iconic Iraq Mosque: UN Agency
    5 ISIS Bombs Found Hidden In Iconic Iraq Mosque: UN Agency World
  • Trump wishes U.K. PM Starmer well amid reports of resignation plans
    Trump wishes U.K. PM Starmer well amid reports of resignation plans World
  • Access Denied
    Access Denied Nation

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.