Global Trade Alert
Global Trade Alert

India: Excise duty on petrol exports removed

Announcement

19 Jul 2022

The Indian government has removed the excise duty applicable on exports of petrol.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

20 Jul 2022

Revocation date:

No revocation date

Export tax In force

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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