New Delhi, April 30 -- The Centre has revised export duties on diesel and aviation turbine fuel (ATF) for the next fortnight beginning May 1, while petrol export duty continues to remain nil, the Finance Ministry said on Thursday.
The rate of duty on exports of diesel will be Rs 23 per litre (SAED - Rs. 23; RIC - Nil). Further, the rate of duty on exports of ATF will be Rs 33 per litre (SAED only). The rate of duty on exports of Petrol continues to remain nil.
Special Additional Excise Duty (SAED) is a flexible tax imposed by the government on select products, mainly domestic crude oil and exported petroleum fuels such as petrol, diesel, and ATF.
Finance Ministry also said there is no change in the existing excise duty rates on petrol ...
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