India raises export duties on diesel and aviation fuel
Export margins reduced by higher per-litre levies
Change
India increased export duties on diesel to ₹55.5 per litre and aviation turbine fuel to ₹42 per litre with immediate effect.
Why it matters
Higher duties reduce export profitability and require exporters to incorporate levies into shipment pricing and documentation.
Implications
- — Export margins shrink — trade flows may decline
- — Compliance required at clearance — documentation impact
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