Business and economics

Revised Windfall Tax on Petroleum Exports (Effective July 16, 2026)

Published on 18 Jul 2026

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Revised Windfall Tax on Petroleum Exports (Effective July 16, 2026)
  • Government of India modified Special Additional Excise Duty (SAED), popularly known as windfall tax on petroleum product exports.
  • New rates: Diesel - ₹15.5/litre (up from ₹8.5); ATF - ₹14.5/litre (up from ₹7.5); Petrol - ₹2.5/litre (down from ₹4).
  • Aim: Ensure domestic fuel availability, curb excessive exports amid West Asia tensions and high global oil prices.
  • Rates valid until next fortnightly review. No change in domestic excise duty on petrol & diesel.
  • Objectives: Prevent windfall profits for exporters and maintain energy security.

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