India will reduce export duties on petrol, diesel and aviation turbine fuel (ATF) from 1 June, according to a government notification reported by Reuters, as authorities continue to revise fuel levies in line with movements in international energy markets.
The revised rates will apply for the fortnight beginning 1 June and form part of India's mechanism for periodically adjusting export taxes on refined petroleum products based on global price trends.
The latest revision comes at a time when refiners and fuel exporters are closely monitoring international crude oil and product prices amid continued volatility in global energy markets.
Under the revised structure announced by the government, export duties have been reduced across all three major fuel categories.
The updated rates are:
• Petrol: ₹1.5 per litre
• Diesel: ₹13.5 per litre
• Aviation turbine fuel (ATF): ₹9.5 per litre
According to the government statement cited by Reuters, the revised duties will remain in force for the upcoming fortnight before the next scheduled review.
India periodically adjusts export levies on refined fuels as part of a pricing framework designed to reflect changing market conditions.
The government reviews export duty rates every two weeks using a formula linked to international energy prices.
According to Reuters, the calculations are based on average global prices recorded since the previous review period for:
• Crude oil
• Petrol
• Diesel
• Aviation turbine fuel
This mechanism allows authorities to align export taxation with movements in international markets while balancing domestic energy policy objectives.
India, one of the world's largest refining centres, exports significant volumes of petroleum products to international markets, making changes in export duties closely watched by refiners and energy traders.
While export levies have been revised, the government confirmed there will be no change to existing excise duties on petrol and diesel sold for domestic consumption.
The decision means domestic fuel taxation remains separate from the latest export duty adjustment.
According to the government statement reported by Reuters, the current excise duty structure on fuels supplied within India will continue without modification.
Export duties on petroleum products have become an important policy tool for managing the impact of fluctuations in international energy prices.
Changes in crude oil benchmarks, refining margins and product demand can influence the level of export taxation applied during each review cycle.
For refiners, the revised duties will shape export economics over the coming fortnight, particularly for diesel and aviation fuel shipments destined for overseas markets.
The latest adjustment reflects the government's ongoing effort to calibrate export taxation in response to global market conditions while maintaining stability in domestic fuel taxation.
As international crude and refined product prices continue to fluctuate, market participants will closely monitor future fortnightly reviews for further changes to India's fuel export duty regime.
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