SAED Windfall Tax on Petrol Cut to Rs. 0.5 per litre from Rs. 1.5 per litre

Ø Diesel SAED Cut to Rs. 20 per litre from Rs. 24 per litre

[Notification No. 49/2026-Central Excise dated 16 September, 2026]

Seeks to amend Notification No. 06/2026-Central Excise dated 26.03.2026 to revise the Special Additional Excise Duty (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 26^th March, 2026, namely:-

In the said notification, in the Table,-

(i) against serial number 1, in column (4), for the entry, the entry “Rs. 0.5 per litre” shall be substituted;

(ii) against serial number 2, in column (4), for the entry, the entry “Rs. 20 per litre” shall be substituted.

2. This notification shall come into force on the date of its publication in the Official Gazette.

[F. No. 190349/13/2026-TRU]