https://www.taxtmi.com/news?id=74292 Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions. en-us Sat, 15 Aug 2026 10:31:03 +0530 Sat, 15 Aug 2026 10:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74292 Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions. News - Sat, 15 Aug 2026 10:31:03 +0530 https://www.taxtmi.com/news?id=74292