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| Photo Credit: PTI
Prompting a potential boost to India’s export of hydrocarbons, the Union Finance Ministry late Tuesday (June 30, 2026) lowered the export levy on diesel to ₹8.5 per litre and aviation turbine fuel (ATF) to ₹7.5 per litre whilst increasing the export levy on petrol ₹4 per litre.
The rates are applicable for the fortnight commencing on July 1. In addition to this, the government expanded the number of countries exempted from the levy to induct Mauritius and Maldives into the fold.
Previously, the exemption – extended by State-owned oil-marketing companies – was for Nepal, Bhutan, Bangladesh and Sri Lanka.
Specifically, about the levy, the Finance Ministry lowered the export duty on diesel by ₹5.5 per litre from ₹14 per litre, which was put forth on the last fortnightly review June 16. Levy on ATF has been lowered by ₹5 per litre from ₹12.5 per litre.
Levy on export of petrol have been increased ₹2.5 per litre from ₹1.5 per litre. In the backdrop of the West Asia crisis, the government had first instituted levies March 27 onwards to ensure adequate domestic availability of petroleum products by disincentivising exports.
Published – June 30, 2026 10:15 pm IST
