New Delhi: The inside government has increased the duty on export of petroleum products. The windfall tax on petrol exports has been increased to Rs 1.50 per liter from September 1, 2026. At the same time, the duty on export of diesel has been increased by Rs 1 per liter. After the implementation of the new rates, government oil marketing companies have released the prices of petrol and diesel on Wednesday, September 2.
The price of one liter petrol without ethanol in Delhi on September 2 is Rs 167.35 per liter. Whereas the price of E5 petrol is Rs 109.24 and the price of E20 i.e. 20 percent ethanol mixed petrol is Rs 102.12 per liter.
How much increased duty on petrol and diesel?
The government has increased the windfall tax on petrol exports by Rs 1.50 per litre. After this the fee has wilt Rs 1.50 per litre. The duty on export of diesel has been increased by Rs 1 and it now stands at Rs 25 per litre.
However, the increase in these duties will not have a uncontrived impact on the prices of petrol and diesel sold in the domestic market. The government has clarified that there has been no transpiration in the existing rates of excise duty workable on petrol and diesel consumed within the country.
Will it stupefy the worldwide man's pocket?
The duties increased by the government will mainly wield to exports of petroleum products. Therefore, it will not have a uncontrived impact on the worldwide consumers ownership petrol and diesel in the domestic market.
The government says that the new rates will be workable on exported petroleum products. These charges will not have a uncontrived impact on petrol and diesel misogynist for domestic sale.
Why did the government increase export duty?
These duties on the export of petroleum products were implemented from March 27, 2026. The government reviews these every fortnight. The duty rates are reverted based on the stereotype prices of transplanted oil, petrol, diesel and aviation turbine fuel (ATF) in the international market.
In the last review on August 15, export duty on petrol was reduced to zero, while duty on diesel was stock-still at Rs 24 and ATF at Rs 19.50 per litre. After the new review, the duty on petrol has been increased then by Rs 1.50 per liter and on diesel by Rs 1 per liter.
What reverted on the export of ATF?
Duty is moreover workable on the export of Aviation Turbine Fuel i.e. ATF. Under the new system, a tuition of Rs 19 per liter has been kept on ATF. These rates are reviewed by the government from time to time considering the international market conditions.
Will domestic petrol and diesel prices change?
At present, there has been no uncontrived transpiration in the prices of petrol and diesel in the domestic market due to increase in export duty. According to the government, the objective of the export duty is to maintain unobjectionable availability of petroleum products in the domestic market and to regulate exports tween international market conditions.
