Tariffs & Duties #windfall tax#diesel
India hikes windfall tax on diesel and ATF exports, petrol levy unchanged
India hiked the windfall gains tax on exports of diesel and aviation turbine fuel (ATF) effective June 16, while keeping the levy on petrol unchanged. The special additional excise duty on diesel was raised to Rs 14 per litre and on ATF to Rs 12.5 per litre. The tax is revised fortnightly and aims to ensure domestic fuel availability amid West Asia tensions.
Jun 15, 2026 1 source