New Delhi, Oct. 1 -- The government on Wednesday cut the windfall gains tax on the export of diesel and aviation turbine fuel (ATF), while retaining it at the same level for petrol for the fortnight beginning October 1.

The rate of special additional excise duty (SAED) along with road and infrastructure cess on the export of diesel will now be Rs.16 per litre, down from Rs.20 a litre. SAED on export of ATF is set at Rs.10.5 per litre, as against Rs.15 per litre currently.

Duty on petrol exports has been retained at Rs.0.5 per litre for the next fortnight.

The finance ministry, in a notification, said the duty hikes will be effective from October 1.

Amid escalating tensions in West Asia, the government had imposed an export duty on die...