Global Trade Alert
Global Trade Alert

India: Excise duty on diesel export increased

Announcement

31 Aug 2022

The Indian Ministry of Finance has increased the excise duty on exports of diesel.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Sep 2022

Revocation date:

03 Mar 2023

Announced: 31 Aug 2022
Export tax
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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