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The Economic Times

Economy / The Economic Times

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India cuts diesel export levy to Rs 1/litre from Rs 3, windfall tax to Rs 19

As of September 1, the Centre has updated the export duties levied on petroleum products. Notably, the export charge on diesel has been reduced to a mere one rupee per litre, with the windfall tax now set at nineteen rupees per litre. This shift reflects the government's intent to modify trade dynamics and enhance the financial environment for exporters.

1 Sep 2026 6:00 pm