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The Economic Times
The Economic Times
Business

India hikes diesel, ATF export levies from June 16

The Centre on Monday raised the special additional excise duty (SAED), or windfall tax, on exports of diesel and aviation turbine fuel (ATF), while leaving the levy on petrol exports unchanged, a gazette notification showed.

The export levy on diesel has been increased by 50 paise per litre to Rs 14 per litre from Rs 13.5 per litre earlier, according to notifications issued by the Department of Revenue.

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