https://www.taxtmi.com/news?id=72832 Windfall gains tax was imposed on petrol exports, while the levy on diesel exports and aviation turbine fuel exports was reduced, effective 16 May. Road and infrastructure cess was made nil on exports of petrol and diesel, and the existing duty rates on petrol and diesel cleared for domestic consumption remained unchanged. The export-duty revisions were stated to increase domestic availability of petroleum products and discourage exporters from taking undue advantage of price differentials. en-us Fri, 15 May 2026 23:01:03 +0530 Fri, 15 May 2026 23:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72832 Windfall gains tax was imposed on petrol exports, while the levy on diesel exports and aviation turbine fuel exports was reduced, effective 16 May. Road and infrastructure cess was made nil on exports of petrol and diesel, and the existing duty rates on petrol and diesel cleared for domestic consumption remained unchanged. The export-duty revisions were stated to increase domestic availability of petroleum products and discourage exporters from taking undue advantage of price differentials. News - Fri, 15 May 2026 23:01:03 +0530 https://www.taxtmi.com/news?id=72832