Govt cuts windfall tax to Rs 19, diesel export duty to Re 1 per litre from Rs 3

New Delhi: The government on Tuesday hiked windfall gains tax on export of petrol and diesel, and reduced it marginally on ATF for the next fortnight.

The rate of special additional excise duty (SAED) along with road and infrastructure cess on export of diesel now stands at Rs 25 per litre, up from Rs 24 a litre. SAED on export of aviation turbine fuel (ATF) has been set at Rs 19 per litre, compared to Rs 19.5 per litre earlier.

E20 in the sky? Definitely not, says Civil Aviation Minister Naidu, denies rumours of ethanol blend with ATFThe duty on petrol exports has been hiked to Rs 1.5 per litre effective September 1, up from zero earlier.