The record
Written from the 1 report below. Nothing here is unsourced.
- The government has raised export levies on petrol, diesel and aviation turbine fuel in its latest fortnightly review, setting them at ₹3.5, ₹24 and ₹22 per litre respectively.
- The excise levy on petrol and diesel for domestic consumption remains unchanged.
- These export duties, in place since March 27 amid the West Asia crisis, are meant to keep retail fuel available domestically by discouraging exports.
- The rates are reviewed every fortnight based on prevailing international prices of crude and refined fuels.
What to watch next
- The next fortnightly review and whether export levies rise or fall with international fuel prices
- Whether the domestic excise levy on petrol and diesel stays unchanged
- How the West Asia crisis continues to affect India's fuel availability and export policy
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Named India · Aviation turbine fuel · Diesel · Petrol · Government · West Asia
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