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NIL EXPORT DUTY
India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...- Government revises windfall tax on fuel exports from June 1New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...
- Petrol exports to attract ₹3/litre excise dutyNew Delhi is shaking up its energy export policy with the introduction of a specialized excise duty on petrol exports. Meanwhile, the gover...
- Govt imposes ₹3/litre windfall tax on petrol exports; cuts diesel, ATF leviesThe government has introduced a windfall gains tax of Rs 3 per litre on petrol exports. Levies on diesel exports are now Rs 16.5 per litre,...
- If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil AnalystIndian aviation faces tough times as fuel prices remain high. Aviation Turbine Fuel costs are a major burden for airlines. This pressure is...
- OMCs push for increase in LPG, petrol, diesel, ATF prices as losses mountOil prices are soaring, pushing the govt to consider raising fuel costs. State-run companies are facing significant losses due to the sharp...
- LPG Price Today (May 1): Commercial gas cylinder rates hiked by Rs 993, check domestic 14 kg rates in Delhi, Mumbai, Kolkata and other citiesCommercial LPG cylinder prices surged by Rs 993 on May 1, 2026, reaching Rs 3,071.50 in Delhi, driven by the US-Iran-Israel conflict and St...
- Excise duty on diesel exports cut to Rs 23/ltr, ATF exports to Rs 33/ltrThe govt has announced a reduction in the windfall tax for diesel exports to Rs 23 per litre and for aviation fuel to Rs 33 per litre, star...
- Govt sets export duty on diesel at ₹23/litre, ATF at ₹33; petrol levy stays nilThe government has set export duties on diesel at ₹23 per litre and on aviation turbine fuel (ATF) at ₹33 per litre for the fortnight start...
- Centre ups diesel export duty to Rs 55.5/litre, raises excise to high-speed diesel to Rs 24 & infra cess to Rs 36; ATF duty up to Rs 42The Indian government has significantly increased export duties on diesel and aviation turbine fuel. This move aims to boost government rev...
- Iran-US war pushes polymer, resin prices up 60%; plastics exporters squeezed despite ceasefireFreight rates jump up to 10x, polymer prices rise 60%, while supply disruptions and supply chain delays strain MSMEs and the sector's expor...
- India reimposes windfall tax on diesel, ATF exports; sets rates at Rs 21.5/litre and Rs 29.5/litreIndia has reinstated windfall taxes on diesel and aviation turbine fuel exports, with levies of Rs 21.5 and Rs 29.5 per litre respectively....
- Windfall tax on crude hiked to Rs 2,300 per tonneIn its last review on December 18, the government had sharply cut the windfall profit tax on crude oil produced in the country to Rs 1,300 ...
- Centre slashes Windfall tax to Rs 1,300/ tonneThe centre has also reduced export duty on diesel to Rs 0.50 per litre from one per litre while it increased export duty on Aviation Turbin...
- Centre increases windfall tax on crude to Rs 4250 per tonneIt has also increased duty on export of diesel to Rs one per litre from Nil. The new rates will be effective August 1. Export duty on petro...
- Windfall levy on domestically produced crude now nilIn the last revision the windfall levy was Rs 3,500 per tonne. It also marginally increased export duty on diesel to Rs one per litre from ...
- Centre slashes export duties on steel products and iron oreThe finance ministry on May 22 imposed export duties ranging from 15% to 45% on inputs for iron and steel in a move to increase their avail...
- Goa govt urges Centre to levy 'nil' export duty on low-grade oreIn a bid to increase domestic availability, the Centre has hiked the duty on exports of iron ore to 50 per cent. In a statement issued last...
- India's vegetable oil import increased by 24% in last five months: Solvent Extractors' Association of IndiaAccording to SEA, Import of vegetable oils during March 2015 is reported at 1,062,031 tons compared to 835,424 tons in March 2014.
- Budget 2011: FIEO demands import duty on pig iron be reverted to nilIt has also demanded the reduction in basic customs duty on Copper Concentrate (ITC HS Code 26.03) from 2% to Nil.
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