Government reduces export duty on petrol, diesel, and ATF
Summary
- The government has reduced the export duty on petrol to nil
- Export duties on diesel and ATF have also been reduced
- The move aims to ensure domestic availability of retail fuels
Key Facts
- · Export duty on petrol reduced to nil
- · Export duties on diesel and ATF reduced
- · Fortnightly review to ensure domestic fuel availability
Why it matters
The reduction in export duties will help increase domestic supply and potentially reduce fuel prices
#export duty#petrol#diesel#ATF#fuel prices