India raised its petrol export duty fivefold to Rs 2.5 a litre, effective October 16, 2026.
The diesel export levy was cut to Rs 8.5 a litre from Rs 16.
The duty on aviation turbine fuel stayed at Rs 10.5 a litre.
Export duties are reviewed every two weeks based on global crude and fuel prices.
Domestic excise duties are unchanged, so retail pump prices are not affected.
Windfall taxes on fuel exports were reintroduced in March 2026 after crude jumped during the war on Iran.
The aim is to protect domestic supply and stop exporters profiting from price gaps.
Read the full article for more details on the petrol export duty hike.
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