The Government of India has imposed a Special Additional Excise Duty (SAED) of ₹3 per litre on the export of petrol, effective immediately. Officials stated that the measure is part of the fortnightly review mechanism aimed at balancing domestic supply with export competitiveness amid volatile global crude prices.
While petrol exports previously attracted zero duty, the new levy marks a significant policy shift, ensuring that domestic availability is prioritized. Authorities emphasized that the move is designed to safeguard energy security, stabilize refinery margins, and prevent excessive outflow of fuel during periods of international price fluctuations.
Industry analysts noted that the imposition of SAED could impact export volumes in the short term but will help maintain adequate domestic reserves. The government reiterated that excise duty on domestic petrol sales remains unchanged, meaning consumers will not face immediate price hikes at the retail level.
