Centre raises petrol export tax to Rs 2.5 per litre and cuts diesel duty

The Centre has raised the windfall tax on petrol exports to Rs 2.5 a litre from 50 paise, in a notification issued late on Thursday.
The duty on diesel exports has been cut to Rs 8.5 a litre from Rs 16, with both changes taking effect from 16 October.
Windfall taxes on fuel exports were first imposed in July 2022, withdrawn two years later and brought back in March 2026.
The rates are reviewed every fortnight in line with movements in global crude and petroleum product prices.

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