Government revises export duty on diesel, jet fuel
News: Additional excise duty on jet fuel exports has been hiked toRS 2/litre from zero whereas excise duty on export of diesel has been hiked toRS 7/litre fromRS 5/litre earlier. The excise duty on export of petrol continues to be nil.
View: Additional excise duty on fuel exports will be effective from August 19. This will reduce refining gains of exports focused companies, mainly Reliance Industries.