Government raises export duties on diesel, ATF
New Delhi, June 16 -- The Union finance ministry on Monday raised the export duties on diesel and jet fuel to Rs.14 per litre and Rs.12.5 per litre, from Rs.13.5 and Rs.9.5, respectively.
The revised rates come into effect from Tuesday. The levy on the export of petrol has, however been kept unchanged at Rs.1.5 per litre.
A gazette notification from the department of revenue under the ministry of finance on Monday noted that the special additional excise duty (SAED) on diesel and aviation turbine fuel (ATF), post the revision, on export of diesel will be Rs.14 per litre and on aviation turbine fuel will be Rs.12.5 per litre.
SAED is a flexible tax imposed by the government on select products, mainly domestic crude oil and exported petr...
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