The Indian government has revised the windfall tax on fuel exports, reducing levies on diesel and aviation turbine fuel (ATF) effective Saturday, August 15, 2026.
The Special Additional Excise Duty (SAED) on petrol exports has been reduced to nil, reflecting adjustments in global crude oil price trends.
These tax revisions are intended to balance domestic supply requirements with the profitability of oil marketing companies amidst fluctuating international energy prices.