Middle Distillates (Diesel and ATF) Windfall Gain on Export Tax (SAED) Hiked to Absorb Gains from Rising Price, Petrol Cut

Ø Petrol SAED Cut to Rs. 2.5 per litre from Rs. 4 per litre

Ø Diesel SAED Hiked to Rs. 15.5 per litre from Rs. 8.5 per litre

[Notification No. 38/2026-Central Excise dated 15 July, 2026]

Seeks to amend Notification No. 06/2026-Central Excise dated 26.03.2026 to revise the SAED rates on exports of petrol and diesel outside India.

G.S.R...(E).- In exercise of the powers conferred by Section 5A of the Central Excise Act, 1944 (1 of 1944) read with Section 147 of Finance Act, 2002 (20 of 2002), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 06/2026-Central Excise, dated the 26th March, 2026, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 205(E), dated the 26th March, 2026, namely:-

In the said notification, in the Table,

(i) against serial number 1, in column (4), for the entry, the entry “Rs. 2.5 per litre” shall be substituted;

(ii) against serial number 2, in column (4), for the entry, the entry “Rs. 15.5 per litre” shall be substituted.

2. This notification shall come into force with effect from 16th July, 2026.