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Global Trade Alert

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India: Excise duty on petrol exports removed

Description

On 19 July 2022, the Indian Ministry of Finance through Notification no. 20/2022-central excise reduced the excise duty on the exports of petrol (HS 2710) from INR 1 (approx. USD 0.01) to Nil. The ame...

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Intervention Details

Intervention Type

Export tax

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

20 Jul 2022

Revocation date

No revocation date

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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