Global Trade Alert
Global Trade Alert

India: Excise duty imposed on petrol and diesel exports

Announcement

30 Jun 2022

India has imposed an excise duty on the exports of petrol and diesel.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Jul 2022

Revocation date:

No revocation date

Export tax

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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