Indian Government Reduces Special Additional Excise Duties on Petrol and Diesel:

Indian Government Reduces Special Additional Excise Duties on Petrol and Diesel The Ministry of Finance has recently issued a notification announcing a significant reduction in the special additional excise duties on petrol and diesel. The notification (No. 05/2026-Central Excise, dated 26th March, 2026) amends an earlier notification dated 6th July, 2019. Through this notification, the central government announced cuts in the special additional ​excise ​duties on petrol to Rs 3 per litre from Rs 13 per litre. On the other hand, the ​special additional ​excise ​duties on diesel have been reduced to Nil from Rs 10 per litre.

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These changes are applicable with immediate effect. As per the latest notification:

• The excise duty for items listed at Sl. No. 1, in column (4), is amended to Rs. 3 per litre.
• The excise duty for items listed at Sl. No. 2, in Column (4), is amended to Nil.

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The notification clearly said that the duty changes do not apply to goods cleared for export.