Notification No. 05/2026–Central Excise, Dated 26-03-2026
The Central Government has issued a notification amending Notification No. 05/2019-Central Excise dated 06-07-2019, revising the Special Additional Excise Duty (SAED) on specified petroleum products.
1. Revised Duty Rates
- Petrol – Reduced to ₹3 per litre
- Diesel – Reduced to Nil
2. Applicability
- The revised rates are effective immediately from the date of issuance
- Exports excluded the notification specifically clarifies that the revised provisions shall not apply to goods cleared for export
3. Key Impact
- Likely to reduce cost burden on petroleum products, especially diesel
- May influence fuel pricing dynamics and logistics costs
- Provides targeted relief without affecting export competitiveness
4. Takeaway
This revision signals a calibrated approach by the Government to adjust fuel-related levies, balancing domestic economic considerations and export neutrality.
