{"id":8490,"date":"2026-03-29T08:57:33","date_gmt":"2026-03-29T03:27:33","guid":{"rendered":"https:\/\/www.centaxonline.com\/blog\/?p=8490"},"modified":"2026-03-29T08:57:33","modified_gmt":"2026-03-29T03:27:33","slug":"govt-cuts-excise-duty-on-petrol-to-%e2%82%b93-diesel-to-nil","status":"publish","type":"post","link":"https:\/\/www.centaxonline.com\/blog\/govt-cuts-excise-duty-on-petrol-to-%e2%82%b93-diesel-to-nil","title":{"rendered":"Govt. Cuts Excise Duty on Petrol to \u20b93 | Diesel to Nil"},"content":{"rendered":"

Notification No. 05\/2026\u2013Central Excise<\/a>, Dated 26-03-2026<\/p>\n

The Central Government has issued a notification amending Notification No. 05\/2019-Central Excise<\/a> dated 06-07-2019<\/strong>, revising the Special Additional Excise Duty (SAED)<\/strong> on specified petroleum products.<\/p>\n

1. Revised Duty Rates<\/h2>\n
    \n
  • Petrol \u2013<\/strong>\u00a0Reduced to \u20b93 per litre<\/strong><\/li>\n
  • Diesel \u2013<\/strong>\u00a0Reduced to Nil<\/strong><\/li>\n<\/ul>\n

    2. Applicability<\/h2>\n
      \n
    • The revised rates are effective immediately<\/strong> from the date of issuance<\/li>\n
    • Exports excluded<\/strong> the notification specifically clarifies that the revised provisions shall not apply to goods cleared for export<\/strong><\/li>\n<\/ul>\n

      3. Key Impact<\/h2>\n
        \n
      • Likely to reduce cost burden on petroleum products<\/strong>, especially diesel<\/li>\n
      • May influence fuel pricing dynamics and logistics costs<\/strong><\/li>\n
      • Provides targeted relief without affecting export competitiveness<\/strong><\/li>\n<\/ul>\n

        4. Takeaway<\/h2>\n

        This revision signals a calibrated approach by the Government to adjust fuel-related levies<\/strong>, balancing domestic economic considerations and export neutrality<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

        Notification No. 05\/2026\u2013Central Excise, Dated 26-03-2026 The Central Government has issued a…<\/p>\n","protected":false},"author":19,"featured_media":8503,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,51,65],"tags":[],"class_list":["post-8490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-excise-service-tax","category-news-excise-service-tax","category-est-statutory-scope"],"yoast_head":"\nGovt. 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