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India Hikes Export Taxes on Diesel and Jet Fuel
Public Lokpal
July 16, 2026
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India Hikes Export Taxes on Diesel and Jet Fuel
India has raised windfall taxes on diesel and aviation turbine fuel (ATF) exports, effective July 16, 2026, amid soaring global refining margins.
Driven by escalating geopolitical tensions in the Middle East and restricted global supplies, international fuel prices have surged.
To ensure robust domestic availability and capture supernormal profits from private refiners, the government increased the export levy on diesel to ₹15.5 per litre (up from ₹8.5) and jet fuel to ₹14.5 per litre (up from ₹7.5). Conversely, petrol export duties were trimmed to ₹2.5 per litre.
This strategic realignment protects India's internal energy security against volatile Brent crude prices, which remain pressured by shipping risks in the Strait of Hormuz.
While state-run retailers remain largely insulated, major private exporters face squeezed margins on overseas shipments.
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