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Government hikes export duty on diesel to Rs 15.5/litre, ATF to Rs 14.5/litre: Report

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# Government Increases Export Duties on Diesel and Aviation Fuel

The Indian government has raised export duties on diesel to Rs 15.5 per litre and on aviation turbine fuel (ATF) to Rs 14.5 per litre, according to reports. These increases represent a significant adjustment to the tax structure governing exports of these petroleum products.

The move affects two critical fuel categories essential to transportation and aviation sectors. Diesel is widely used across India's logistics, agriculture, and industrial operations, while ATF is vital for the aviation industry. By increasing export duties, the government effectively raises the cost of exporting these fuels abroad.

The duty hike reflects the government's approach to managing fuel exports and domestic supply considerations. Higher export duties typically make exports less economically attractive, which can help retain more fuel supplies for domestic consumption or stabilize international pricing dynamics in which India participates as a major exporter of petroleum products.

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Read the full story at the source Times of India · IN