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Windfall Tax On Petroleum Products: The central government has changed the export duty on petrol, diesel and aviation turbine fuel from June 1. According to an official notification, after the latest changes, the duty on export of petrol will be Rs 1.5 per liter, on export of diesel it will be Rs 13.5 per liter and on export of ATF it will be Rs 9.5 per liter.

The government has taken this step to ensure availability in the domestic market amid the rise in global crude oil prices. This step of the government will not have any immediate impact on domestic prices.

Decision taken on instability in oil market

According to the notification, the new rates have been decided keeping in mind the international average prices of crude oil, petrol, diesel and ATF. These export duties were imposed in the last review meeting on March 27, 2026 with the aim of ensuring adequate availability of petroleum products in the country and controlling exports amid the West Asia crisis.

The amendment was made 15 days ago

Before this, the last amendment came into effect from 16 May 2026. During this period, while making changes in the export tax on petroleum products, the government had imposed a special additional excise duty of Rs 3 per liter on the export of petrol and this duty on diesel was reduced to Rs 16.5 per liter.

The Finance Ministry’s notification had said that a new rate of Rs 3 per liter would be applicable on petrol exports, while the duty on diesel was set at Rs 16.5 per litre. Along with this, road and infrastructure cess on export of petrol and diesel was reduced to zero. There was still no change in domestic fuel tax rates.

reduced export duty

Earlier, the export duty on diesel was changed several times. On March 26, it was fixed at Rs 21.50 per liter, which was increased to Rs 55.5 per liter on April 11. Later on April 30, it was reduced to Rs 23 per liter and now it has been further reduced to Rs 13.5 per liter.

Similarly, there were many changes in the duty on aviation turbine fuel also. Initially it was Rs 29.5 per liter, which was increased to Rs 42 per liter. Later it was reduced to Rs 33 per liter and now it has been further reduced to Rs 9.5 per liter.

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Energy crisis due to West Asia crisis

Currently, there is instability in the global oil market due to the ongoing West Asia crisis. In view of this, this windfall tax system was implemented to maintain adequate availability of fuel in the country and to control exports.

Let us tell you, the global economic crisis has been going on since the beginning of the West Asia conflict. India also did not remain untouched by this. The prices of diesel, petrol and CNG have increased several times in the country in the last few days.