Fuel export levies sharply reduced amid changing global price dynamics.

Centre Cuts Export Duties on Diesel and ATF for Early May.

The central government has revised the export duty structure on diesel and aviation turbine fuel (ATF) for the fortnight beginning May 1, significantly lowering rates compared to those imposed in April. The move reflects adjustments in line with global crude oil prices and domestic fuel availability. Under the revised structure, diesel exports will attract a duty of ₹23 per litre. This comprises only a special additional excise duty (SAED), with no road and infrastructure cess (RIC) being levied. In a similar move, exports of aviation turbine fuel will be subject to a levy of ₹33 per litre, also entirely under SAED. The reduction in export duties is expected to ease pressure on refiners and exporters, who had been impacted by higher levies in the previous month. Export duties on fuels are reviewed periodically and adjusted based on international crude trends, refining margins, and domestic supply considerations. Industry observers see the latest revision as a step towards maintaining the competitiveness of Indian fuel exports while balancing domestic market needs.