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Global Trade Alert

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India: Excise duty on diesel export increased

Description

On 31 August 2022, the Indian Ministry of Finance through Notification No. 28/2022-Customs increased the excise duty on the exports of diesel (HS 2710) from INR 1 to INR 1.5 per litre (approx. USD 0.0...

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Intervention Details

Intervention Type

Export tax

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Sep 2022

Revocation date

03 Mar 2023

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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