Centre scraps petrol export duty, raises levy on diesel and ATF

The Centre has removed the Rs 2.5 per litre special additional excise duty on petrol exports and raised the levy on diesel exports from Rs 8.5 to Rs 11.5 per litre and on ATF from Rs 10.5 to Rs 11, effective October 31. The export duties were introduced in March amid the West Asia crisis to keep fuel available at home and are reviewed fortnightly.