New Delhi, June 1 -- The Central Government over the weekend announced a revised set of export levies on petrol, diesel, and aviation turbine fuel (ATF), alongside a temporary waiver of customs duties on cotton imports - two measures aimed at ensuring domestic supply stability and supporting key industrial sectors.

Fuel Export Levies Revised for June Fortnight

Export levies in the form of Special Additional Excise Duty (SAED) and Road and Infrastructure Cess (RIC) on petrol, diesel, and ATF were introduced on 27th March 2026 to curb exports and ensure sufficient domestic availability of petroleum products amid the ongoing West Asia crisis, with the rates being reviewed every fortnight based on prevailing international crude oil and fuel...