# Govt Cuts Diesel Windfall Tax, Raises Petrol Export Duty

> Government reduces diesel windfall tax while increasing petrol export duty for the next fortnight.
- Title: Govt Cuts Diesel Windfall Tax, Raises Petrol Export Duty
- Summary: Government reduces diesel windfall tax while increasing petrol export duty for the next fortnight. The Indian government lowered the windfall tax on diesel…
- Keywords: india, government, diesel, petrol, windfall tax, export duty, finance ministry, october 16 2026, business, money, news, Govt
- Source: Financialexpress — https://financialexpress.com/policy/economy/govt-cuts-windfall-tax-on-diesel-hikes-levy-on-petrol-exports/4363099
- Author: FE Bureau
- Published: 2026-10-16T11:50:21+00:00
- Read time: 1 min
- Topics: india, government, diesel, petrol, windfall tax, export duty, finance ministry, october 16 2026, business, money, news
## Tax Change on Diesel Exports
Government cuts windfall tax on diesel exports to Rs 8.5 per litre from Rs 16 per litre for the fortnight starting October 16.

> There is no change in the existing excise duty rates on petrol and diesel cleared for domestic consumption
## Petrol Export Duty Hike
Government raises petrol export duty to Rs 2.5 per litre from Rs 0.5 per litre, effective October 16, 2026.
## ATF Export Duty Unchanged
Aviation turbine fuel (ATF) export duty remains at Rs 10.5 per litre, unchanged since March 27, 2026.
## Key takeaway

The Indian government lowered the windfall tax on diesel exports to Rs 8.5 per litre from Rs 16 per litre and raised petrol export duty to Rs 2.5 per litre from Rs 0.5 per litre, effective October 16, 2026.