BackECONOMY
Windfall gains tax cut: Excise duty on diesel exports down to Rs 23/litre, ATF exports to Rs 33/litre
The article reports a windfall gains tax cut affecting fuel exports. It states that the excise duty on diesel exports has been set at Rs 23 per litre, and the export duty on ATF exports at Rs 33 per litre. The report was published on May 1, 2026.
Why It Matters
The policy adjustment changes export duty rates for diesel and ATF, potentially influencing trade costs and government revenue.
Timeline
1 Event
Windfall gains tax cut: diesel export excise duty down to Rs 23 per litre; ATF export duty down to Rs 33 per litre
May 1, 2026
The article reports a windfall gains tax cut with changes to export duties: the excise duty on diesel exports is set at Rs 23 per litre, and the export duty on ATF exports is set at Rs 33 per litre.