- Centre raises windfall taxes on petrol, diesel, and ATF exports.
- New duties: Petrol Rs 3.5, Diesel Rs 25.5, ATF Rs 22.
- Hike ensures domestic fuel availability amid global volatility.
Windfall Tax On Petrol-Diesel Hike: The Centre has increased windfall taxes on exports of petrol, diesel and aviation turbine fuel (ATF), marking another intervention in the petroleum sector as global crude oil markets remain volatile amid tensions linked to the Iran conflict.
The revised export duties came into effect immediately on Monday through a government order. The move follows multiple revisions over recent weeks as the Centre recalibrates export levies in response to changing international crude oil prices and refining margins.
While the latest decision primarily affects exports of refined petroleum products, motorists are also keen to know whether it has translated into any change in fuel prices at retail outlets. Here’s a look at the revised export duties and the latest petrol, diesel and CNG prices across major Indian cities.
Export Duties Raised Across Key Petroleum Products
Under the latest revision, the export duty on petrol has been increased to Rs 3.5 per litre from Rs 2.5 per litre.
The duty on diesel exports has also been increased substantially. Through two separate tax components, the total levy now stands at Rs 25.5 per litre, compared with Rs 15.5 per litre applicable a fortnight ago.
Similarly, the export duty on aviation turbine fuel (ATF) has been increased to Rs 22 per litre from Rs 14.5 per litre.
According to the government order, the revised duties are aimed at ensuring adequate domestic fuel availability while responding to fluctuations in global energy markets.
The latest notification follows a series of revisions made over the past month. On July 16, the Centre had increased export duties on diesel and ATF while lowering the levy on petrol. That decision itself had come after another revision under which the Special Additional Excise Duty (SAED) on petrol exports was increased, while duties on diesel and ATF were reduced.
What Are Fuel Prices Across India?
Although export duties have been revised, oil marketing companies (OMCs) continue to publish retail fuel prices separately. The latest applicable petrol, diesel and CNG rates for August 4, 2026, across major cities are as follows:
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Petrol Prices Across Cities Today(August 4, 2026)
| City | Petrol Price (Rs/litre) |
|---|---|
| New Delhi | 102.12 |
| Mumbai | 111.18 |
| Kolkata | 113.47 |
| Chennai | 107.77 |
| Gurgaon | 102.77 |
| Noida | 102.12 |
| Bengaluru | 110.93 |
| Bhubaneswar | 108.85 |
| Chandigarh | 101.54 |
| Hyderabad | 115.69 |
| Jaipur | 113.19 |
| Lucknow | 101.89 |
| Patna | 113.35 |
| Thiruvananthapuram | 115.49 |
Diesel Prices Across Cities Today(August 4, 2026)
| City | Diesel Price (Rs/litre) |
|---|---|
| New Delhi | 95.20 |
| Mumbai | 97.83 |
| Kolkata | 99.82 |
| Chennai | 99.55 |
| Gurgaon | 95.44 |
| Noida | 95.56 |
| Bengaluru | 98.80 |
| Bhubaneswar | 100.92 |
| Chandigarh | 89.47 |
| Hyderabad | 103.82 |
| Jaipur | 98.25 |
| Lucknow | 95.55 |
| Patna | 99.36 |
| Thiruvananthapuram | 104.40 |
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CNG Prices Across Cities Today(August 4, 2026)
| City | CNG Price (Rs/kg) |
|---|---|
| New Delhi | 83.09 |
| Mumbai | 86.00 |
| Ahmedabad | 90.02 |
| Gurgaon | 88.12 |
| Noida | 91.70 |
| Bengaluru | 97 |
| Jaipur | 96.50 |
| Chennai | 97 |
| Pune | 97.50 |
| Kolkata | 99.50 |
| Lucknow | 99.50 |
| Hyderabad | 109 |
Why The Government Is Revising Export Duties
The Centre has been adjusting windfall taxes as international crude oil prices continue to fluctuate amid geopolitical developments involving Iran.
Export duties are imposed on refined petroleum products to help balance domestic fuel availability with export opportunities for refiners. As global prices and refining margins change, the government periodically reviews these levies to align with prevailing market conditions.
The latest increase in export duties on petrol, diesel and ATF is part of that continuing exercise, reflecting the government’s response to developments in international energy markets while monitoring domestic fuel supplies.
