Export Duty
India eases fuel export levies, lowers duties on petrol, diesel and ATF starting June 1
The duty on exports of petrol has been set at ₹1.5 ($0.0158) per litre while that on diesel has been set at ₹13.5 per litre. Export duties on ATF have been set at ₹9.5 per litre.
2 min read31 May 2026Govt imposes export duty on petrol, cuts levy on diesel, jet fuel exports
The export levies were originally introduced on 27 March in a bid to ensure domestic availability of petroleum products by disincentivizing exports in the backdrop of the West Asia crisis.
1 min read15 May 2026Govt may transfer idle mines, levy export tax to boost iron ore supply
Several steps to bolster iron ore supply, including auction of around 20 million tonnes of ore lying at pre-auction mine sites, and expansion of state-run NMDC’s mining capacity, were discussed at a high-level inter-ministerial meeting last week.
4 min read2 Sep 2025India warns of retaliatory tariffs against US over auto parts safeguard duties
The estimated trade affected by the US action is valued at $2.9 billion, with India seeking to reciprocally recover $723.75 million annually through its proposed tariff measures.
3 min read4 Jul 2025Centre withdraws 20% export duty on onions, effective April 1
The central government will withdraw 20 per cent export duty on onions. The export duty of 20 per cent, which now stands removed, has been in place since September 13, 2024.
2 min read22 Mar 2025After a tough FY23, steel companies may see a gradual recovery
An uptick in the demand environment is crucial to support prices of steel and thereby investor sentiments. For that, recovery in the Chinese economy is necessary as the country is a key market for metals.
1 min read4 Apr 2023Wait for it…
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