New Delhi, Oct. 16 -- India has raised the export duty on petrol fivefold to Rs 2.50 per litre and reduced the levy on diesel exports to Rs 8.50 per litre from Rs 16, according to a government notification.

The revised rates, effective October 16, will remain applicable for the next fortnight as part of the government's periodic review of export duties on petroleum products.

The Special Additional Excise Duty (SAED) on petrol exports has been increased from Rs 0.50 to Rs 2.50 per litre, while the levy on diesel exports has been cut from Rs 16 to Rs 8.50 per litre.

The export duty on aviation turbine fuel (ATF) has been retained at Rs 10.50 per litre. The Road and Infrastructure Cess on exports of petrol, diesel and ATF remains nil.

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