Overview
- A CBIC official said Thursday that export levies on diesel and aviation turbine fuel do not apply to exports from Reliance’s SEZ refinery, citing court rulings.
- The government set duties at Rs 21.5 per litre for diesel and Rs 29.5 for jet fuel to keep supplies available at home, and petrol exports stay untaxed.
- For diesel, Rs 18.5 is a special additional excise duty with Rs 3 as an additional excise duty, and for jet fuel the full Rs 29.5 is the special duty.
- For Reliance, the charge applies only to exports from its 33 mtpa domestic‑tariff‑area refinery, not its 35.2 mtpa SEZ unit at Jamnagar.
- Citi Research estimates the taxes equal about $36 per barrel for diesel and $50 for jet fuel, and it says Reliance’s SEZ produced most of its diesel in FY25, which limits the direct hit; the move came with a Rs 10-per-litre excise cut on retail petrol and diesel and a promise to review the export duty every two weeks.