Centre Hikes Windfall Tax on Petrol Exports to ₹1.5/Litre

The Indian government revised the Special Additional Excise Duty (SAED) on September 1, 2026, increasing the windfall tax on petrol exports to ₹1.5 per litre.

Simultaneously, the duty on Aviation Turbine Fuel (ATF) was reduced to ₹19 per litre, while diesel export levies were adjusted to ₹1 per litre to balance domestic supply.

The revision aims to capture excess profits from fuel refiners while maintaining price stability for domestic consumers amidst fluctuating global crude oil prices.