The government has scrapped the Rs 2.50-per-litre export duty on petrol while raising levies on diesel and aviation turbine fuel. The revision comes amid fortnightly reviews of fuel export duties and efforts to safeguard domestic supplies amid global market volatility
The government will review windfall tax on diesel and ATF exports every fortnight to ensure domestic supply. Alongside, a Rs 10 excise duty cut aims to ease consumer burden as global oil prices surge due to geopolitical tensions
