finance
India Raises Diesel and Jet Fuel Export Duties, Lowers Gasoline Duty for July 16-31
India increased export taxes on diesel and jet fuel while lowering the duty on gasoline for the second half of July. The Finance Ministry issued the updated rates on Thursday as part of its regular fortnightly review.
Jul 16, 4:30 AM·1m read1 source
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India raised export duties on diesel and jet fuel for the two-week period starting July 16, 2026. The export tax on diesel was set at 15.50 rupees per liter, up from 8.5 rupees, while the tax on jet fuel rose to 14.5 rupees, OilPrice.com reported. The export tax on gasoline was lowered to 2.
India’s Finance Ministry issued the notice on Thursday, July 16. India reviews its export duty policy every fortnight. The adjustments reflect prevailing domestic and international market conditions, including supply and prices.
The new duties on diesel and jet fuel remain lower than the levels imposed in the early weeks of the Iran war.
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