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Expert panel recommends bringing petrol, diesel and ATF under GST regime
1+ day, 3+ hour ago (384+ words) GST Recent News - 2026, 57th GST Council Meeting News An expert panel constituted by India’s downstream petroleum regulator recommended bringing petrol, diesel and aviation turbine fuel under the ambit of the Goods and Services Tax regime to facilitate inter-state movement of transport…...
Government Cuts Windfall Tax on Diesel, ATF Exports
1+ day, 21+ hour ago (239+ words) Construction World - Government Cuts Windfall Tax on Diesel, ATF Exports The special additional excise duty, together with the road and infrastructure cess, on exported diesel has been reduced to Rs. 16 per litre from Rs. 20 per litre. The levy on ATF…...
Government considers cutting or scrapping RAF fuel levy
3+ day, 44+ min ago (982+ words) The Road Accident Fund (RAF) fuel levy will be either reduced or scrapped in terms of a new funding model being considered for the financially-distressed fund. Deputy Minister of Transport Mkhuleko Hlengwa told Moneyweb last week he is in favour…...
Govt Extends Minimum Import Price for Two APIs ATS-8, Sulfadiazine
6+ day, 17+ hour ago (202+ words) New Delhi: The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has extended the minimum import price (MIP) conditions for ATS-8 and Sulfadiazine API until November 30, 2026. The extensions were issued through Notification Nos. 39/2026-27 and 40/2026-27, both…...
Finance Ministry issues order to reduce excise tax on gasoline by 50 agorot
6+ day, 13+ hour ago (128+ words) The Finance Ministry has published a draft order for public comment that would reduce the excise tax on gasoline by 50 agorot for one month. The public comment period is expected to end this coming Sunday.Finance Minister Bezalel Smotrich is…...
Govt cuts diesel, ATF export windfall tax
6+ day, 17+ hour ago (952+ words) New Delhi: The government has reduced the windfall gains tax on exports of diesel and Aviation Turbine Fuel (ATF) for the fortnight beginning October 1, 2026, while keeping the export duty on petrol unchanged. Under the revised rates, the levy on diesel…...
India Cuts Fuel Export Taxes as Egypt Watches Import Costs
6+ day, 19+ hour ago (791+ words) The duty on petrol exports remains unchanged at 0.5 rupees per liter. India reviews the export duties every two weeks and adjusts them according to movements in international crude and refined-product prices. The decision could be relevant to Egypt because petroleum…...
Vietnam extends preferential tax policies for fuel imports
6+ day, 18+ hour ago (277+ words) The Government has issued a resolution, extending preferential import tax, environmental protection tax and value-added tax policies for gasoline, oil products, fuel-production inputs and aviation fuel. Under the new resolution, the preferential import tax measures introduced under Resolution No. 25/2026/NQ-CP…...
Centre Cuts Diesel Export Tax To ₹16 And ATF Levy To ₹10.50 Per Litre, Will Fuel Prices Get Cheaper?
6+ day, 23+ hour ago (26+ words) Centre cuts diesel export levy to Rs 16 per litre and ATF levy to Rs 10.50, easing exporters tax burden while domestic fuel duties stay unchanged....
Govt cuts diesel, ATF export levies from October 1; petrol duty unchanged
1+ week, 29+ min ago (177+ words) Dailyhunt New Delhi [India], October 1 (ANI): The Central Government has cut export levies on diesel and aviation turbine fuel (ATF) for the second consecutive fortnight, with the duty on diesel lowered to Rs 16 per litre and that on ATF to…...