India lowers export tax on transport fuel for the second half of August.

An announcement from the Indian government shows that India is reducing the export tariffs on diesel, gasoline, and aviation turbine fuel from mid-August to the end of the month. The excise duty on diesel has been reduced from 25.5 rupees per liter to 24 rupees. The special additional excise tax on diesel exports remains unchanged at 24 rupees per liter, while the road infrastructure tax of 1.5 rupees per liter has been eliminated. The tax on aviation turbine fuel exports has been lowered from 22 rupees per liter to 19.5 rupees. The export tariff on gasoline has been adjusted from 3.5 rupees per liter to zero.