The Ministry of Finance (MoF) on March 26, 2026, notified regarding the Exemption of Additional Excise Duty on Petrol and Partial Duty on High Speed Diesel.
The following has been stated:
• The Central Government, under the Finance Act, 2002, has granted exemption from additional excise duty on specified petroleum products.
• Petrol (motor spirit) is fully exempted (Nil rate), while high-speed diesel (HSD) is subject to a reduced duty of ₹3 per litre.
• The exemption applies primarily to goods cleared for export, but excludes exports by Public Sector Oil Companies to Nepal, Bhutan, Bangladesh, and Sri Lanka.
• The notification comes into force with immediate effect
[Notification no. - 11/2026-Central Excise]
