https://www.taxtmi.com/news?id=71871 Special additional excise duty and export duties were imposed on diesel and aviation turbine fuel to discourage exports and secure adequate domestic supply. The windfall levy will be reviewed on a fortnightly basis, reflecting a dynamic adjustment mechanism linked to supply conditions and market developments. The duty changes were announced alongside a reduction in excise duty on petrol and diesel for domestic consumption to moderate price pressures and reduce underrecoveries for oil marketing companies. en-us Fri, 27 Mar 2026 16:01:03 +0530 Fri, 27 Mar 2026 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71871 Special additional excise duty and export duties were imposed on diesel and aviation turbine fuel to discourage exports and secure adequate domestic supply. The windfall levy will be reviewed on a fortnightly basis, reflecting a dynamic adjustment mechanism linked to supply conditions and market developments. The duty changes were announced alongside a reduction in excise duty on petrol and diesel for domestic consumption to moderate price pressures and reduce underrecoveries for oil marketing companies. News - Fri, 27 Mar 2026 16:01:03 +0530 https://www.taxtmi.com/news?id=71871