Ministry of Finance (MoF) revises export tax rates on petroleum products

Exam-focused facts from the 17 May 2026 current affairs briefing.

Key facts

The Ministry of Finance (MoF) has introduced a new special additional excise duty (SAED) structure for petroleum product exports.
Petrol exports now attract an SAED of ₹3 per litre.
The export duty on diesel has been reduced to ₹16.5 per litre, following previous rates of ₹21.50 on March 26, ₹55.5 on April 11, and ₹23 on April 30.
The export duty on Aviation Turbine Fuel (ATF) now stands at ₹16 per litre, having previously been set at ₹29.5, ₹42, and ₹33.
The MoF has reduced the road and infrastructure cess on both petrol and diesel exports to zero.