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BusinessQuiet 14d · day 14

India eliminates petrol export duty, raises diesel levy to ₹11.5/litre

Government's fortnightly review cuts petrol export tax to zero while sharply increasing diesel and aviation fuel levies.

What to know

  • India eliminated the ₹2.5/litre export duty on petrol while sharply raising diesel export levies from ₹8.5 to ₹11.5/litre, reflecting record diesel exports during a global supply shortage.
  • No changes were made to domestic excise duties on petrol or diesel for consumer prices.
  • India exported 700 kilo barrels of diesel per day in October—the highest since September 2025—driven mainly by European demand amid supply constraints.
  • The government conducts fortnightly reviews of export levies since March 2026 to balance domestic fuel security with international market dynamics.

“The revised levy on diesel assumes significance as India spiked its exports of the liquid vehicular fuel amid a global supply crunch, particularly in Europe.”

The Hindu · The Hindu ↗

Indian Government Policy makerSumit Ritolia Manager for Modelling and Refining, Kpler

India eliminates petrol export duty, raises diesel levy to ₹11.5/litre
The Hindu

How it unfolded 1 development · click the chart to see its coverage articles

Peak 4 pieces in 3h at Oct 31, 6 AM; 4 pieces over 14 days (4 articles) Oct 31, 6 AM — 4 pieces · 4 articles — Newswires 3, Google News 1Oct 31, 9 AM — quietOct 31, 12 PM — quietOct 31, 3 PM — quietOct 31, 6 PM — quietOct 31, 9 PM — quietNov 1, 12 AM — quietNov 1, 2 AM — quietNov 1, 5 AM — quietNov 1, 8 AM — quietNov 1, 11 AM — quietNov 1, 2 PM — quietNov 1, 5 PM — quietNov 1, 8 PM — quietNov 1, 11 PM — quietNov 2, 2 AM — quietNov 2, 5 AM — quietNov 2, 8 AM — quietNov 2, 11 AM — quietNov 2, 2 PM — quietNov 2, 5 PM — quietNov 2, 8 PM — quietNov 2, 11 PM — quietNov 3, 2 AM — quietNov 3, 5 AM — quietNov 3, 8 AM — quietNov 3, 11 AM — quietNov 3, 2 PM — quietNov 3, 5 PM — quietNov 3, 8 PM — quietNov 3, 11 PM — quietNov 4, 2 AM — quietNov 4, 5 AM — quietNov 4, 8 AM — quietNov 4, 11 AM — quietNov 4, 2 PM — quietNov 4, 5 PM — quietNov 4, 8 PM — quietNov 4, 11 PM — quietNov 5, 2 AM — quietNov 5, 5 AM — quietNov 5, 8 AM — quietNov 5, 11 AM — quietNov 5, 2 PM — quietNov 5, 5 PM — quietNov 5, 8 PM — quietNov 5, 11 PM — quietNov 6, 2 AM — quietNov 6, 5 AM — quietNov 6, 8 AM — quietNov 6, 11 AM — quietNov 6, 2 PM — quietNov 6, 5 PM — quietNov 6, 8 PM — quietNov 6, 11 PM — quietNov 7, 2 AM — quietNov 7, 5 AM — quietNov 7, 8 AM — quietNov 7, 11 AM — quietNov 7, 2 PM — quietNov 7, 5 PM — quietNov 7, 8 PM — quietNov 7, 11 PM — quietNov 8, 2 AM — quietNov 8, 5 AM — quietNov 8, 8 AM — quietNov 8, 11 AM — quietNov 8, 2 PM — quietNov 8, 5 PM — quietNov 8, 8 PM — quietNov 8, 11 PM — quietNov 9, 2 AM — quietNov 9, 5 AM — quietNov 9, 8 AM — quietNov 9, 11 AM — quietNov 9, 2 PM — quietNov 9, 5 PM — quietNov 9, 8 PM — quietNov 9, 11 PM — quietNov 10, 2 AM — quietNov 10, 5 AM — quietNov 10, 8 AM — quietNov 10, 11 AM — quietNov 10, 2 PM — quietNov 10, 5 PM — quietNov 10, 8 PM — quietNov 10, 11 PM — quietNov 11, 2 AM — quietNov 11, 5 AM — quietNov 11, 8 AM — quietNov 11, 11 AM — quietNov 11, 2 PM — quietNov 11, 5 PM — quietNov 11, 8 PM — quietNov 11, 11 PM — quietYesterday, 2 AM — quietYesterday, 5 AM — quietYesterday, 8 AM — quietYesterday, 11 AM — quietYesterday, 2 PM — quietYesterday, 5 PM — quietYesterday, 8 PM — quietYesterday, 11 PM — quietToday, 2 AM — quietToday, 5 AM — quietToday, 8 AM — quietToday, 11 AM — quietToday, 2 PM — quietToday, 5 PM — quietToday, 8 PM — quiet 1
Nov 1Nov 2Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11yesterdaynow · 10:05 PM ET
  1. background

    India's diesel exports reach 14-month high amid global scarcity — India exported 700 kilo barrels per day of diesel in October—the highest volume since September 2025—driven by a global supply crunch, particularly in Europe. The revised diesel levy of ₹11.5 per litre reflects this surge in demand.

  2. 1
    “The government on Saturday (October 31, 2026) slashed the export duty on petrol to nil while hiking the levy on export of diesel and aviation turbine fuel (ATF) by ₹3 per litre and 50 paise per litre respectively for the next 15-day period.”
    — The Hindu
    1. 2 outlets first by Times of India, 13d ago · also The Hindu · read ↗

  3. background

    Kpler forecasts Indian diesel exports will moderate through early 2027 — Kpler's manager for modelling and refining projected that India's diesel exports would ease to 500–550 kilo barrels per day in November–December as seasonal domestic demand peaks, then recover to 550–600 kbd in Q1 2027, before maintenance and new capacity constraints shape output later in the year.

  4. background

    Government begins fortnightly export levy reviews — India's government initiated periodic reviews of export duties on oil products following the West Asia conflict, adjusting levies based on international benchmark prices to ensure domestic fuel availability.