Global Trade Alert
Global Trade Alert

India: Excise duty on diesel export reduced

Announcement

03 Mar 2023

On 3 March 2023, the Indian government reduced the excise duty on diesel exports.

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

04 Mar 2023

Revocation date:

No revocation date

Export tax In force

On 3 March 2023, the Indian Ministry of Finance through Notification No. 12/2023-Central Excise reduced the excise duty on diesel (HS 2710) exports from INR 1.5 (USD 0.018) to Nil. The amendment is ef...

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