India raised its export duty on petrol and cut those on diesel and aviation fuel recently, its government said in a statement, within a day of raising retail fuel prices for the first time since the Iran war started.
The duty on petrol exports has been raised to 3 rupees ($0.0313) per liter, while that on diesel has been cut to 16.5 rupees per liter, the statement said. Export duties on aviation fuel have been cut to 16 rupees per liter.
The rates are being revised fortnightly and are based on the average international prices of crude oil, petrol, diesel, and ATF during the period since the last review.
There is no change in the existing excise duty rates on petrol and diesel cleared for domestic consumption.

