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Global Trade Alert

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India: Excise duty imposed on petrol and diesel exports

Description

On 30 June 2022, the Indian Ministry of Finance through Notification No. 10/2022-Central Excise imposed an INR 1 per litre (approx. USD 0.01) excise duty on the exports of petrol and diesel (HS 2710)....

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Intervention Details

Intervention Type

Export tax

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Jul 2022

Revocation date

31 Aug 2022

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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