India, June 16 -- The Government of India has increased the windfall gains tax on exports of diesel and aviation turbine fuel (ATF), while keeping the levy on petrol unchanged for the next fortnight starting June 16.

According to a notification issued by the Finance Ministry, the special additional excise duty (SAED) on diesel exports has been raised to Rs.14 per litre from the earlier Rs.13.5 per litre. The SAED on ATF exports has also been increased significantly to Rs.12.5 per litre from Rs.9.5 per litre.

However, the duty on petrol exports remains unchanged at Rs.1.5 per litre.

The revised tax structure will come into effect from June 16, while domestic fuel prices and duties on locally consumed petrol and diesel remain unchanged....