The Central Government has revised the rates of Special Additional Excise Duty applicable to the export of petrol, high-speed diesel and aviation turbine fuel through separate notifications issued by the Ministry of Finance, Department of Revenue, on 3 August 2026.
Under Notification No. 40/2026-Central Excise [G.S.R. 700(E)], the applicable duty rate has been revised to ₹3.50 per litre for petrol and ₹24 per litre for high-speed diesel. The notification further amends Notification No. 06/2026-Central Excise dated 26 March 2026.
Notification No. 40/2026-Central Excise has come into force from the date of its publication in the Official Gazette, that is, 3 August 2026. The principal notification was last amended through Notification No. 38/2026-Central Excise dated 15 July 2026.
Similarly, under Notification No. 41/2026-Central Excise [G.S.R. 701(E)], the applicable duty rate on the export of aviation turbine fuel has been revised to ₹22 per litre. The notification amends Notification No. 08/2026-Central Excise dated 26 March 2026.
Notification No. 41/2026-Central Excise has also come into effect from 3 August 2026, the date of its publication in the Official Gazette. The principal notification was last amended through Notification No. 39/2026-Central Excise dated 15 July 2026.
In another amendment issued on the same date, the Government notified Notification No. 42/2026-Central Excise [G.S.R. 702(E)], substituting the rate against serial number 2 of the table under Notification No. 11/2026-Central Excise with ₹1.50 per litre. This notification has also taken effect from the date of publication in the Official Gazette.
Key corrections to the original report
The notifications prescribe the revised rates but do not state that the revisions were made because of crude-oil volatility, developments in West Asia, negotiations involving the United States and Iran, or changes in export margins. Such explanations should therefore not be attributed to the notifications.
The revised rates became effective on 3 August 2026, and not on Wednesday or from a later date. Further, the attached Gazette notifications specify the substituted rates but do not themselves set out the immediately preceding rates of ₹2.50, ₹15.50 and ₹14.50 per litre. Any comparison with earlier rates should be separately verified from Notifications No. 38/2026 and 39/2026 dated 15 July 2026.
The Notifications can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2026/08/Central-Excise-Notifications.pdf
