https://www.taxtmi.com/news?id=74112 Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices. en-us Mon, 03 Aug 2026 20:31:04 +0530 Mon, 03 Aug 2026 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74112 Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices. News - Mon, 03 Aug 2026 20:31:04 +0530 https://www.taxtmi.com/news?id=74112