India lowers export duties on diesel and aviation fuel
The Indian government has reduced export duties on diesel and aviation turbine fuel. Domestic consumption taxes for petrol and diesel will remain the same.
Xurve View
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Xurve View
India cut export duties on diesel and aviation turbine fuel on April 30 while keeping domestic fuel taxes unchanged. The move reverses previous tax levels to support fuel exporters as global energy market conditions shift. Lower export levies improve margins for Indian refiners selling GASOIL DIESEL ETC VON BNPP and jet fuel internationally.
