Centre Notifies New Excise Duty Rates on Petroleum Products Effective 1st July 2026

Last updated: 01 July 2026


Quick Summary
The Ministry of Finance has announced new excise duty rates for petroleum products, which will come into effect on 1st July 2026. These revisions, detailed in two new notifications, amend previous excise duty rates. Specifically, Notification No. 36/2026 sets new rates of Rs. 4 per litre and Rs. 8.5 per litre for two categories, replacing earlier rates. Additionally, Notification No. 37/2026 introduces a revised rate of Rs. 7.5 per litre for another category. These adjustments are part of the government's regular review of special additional excise duties on fuels.

The Ministry of Finance, Department of Revenue, has issued two notifications revising the Special Additional Excise Duty (SAED) rates applicable to petroleum products. The revised rates will come into force from July 1, 2026, following amendments notified through Notification No. 36/2026-Central Exc
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The new excise duty rates on petroleum products will take effect from July 1, 2026.

Under Notification No. 36/2026, the revised rates are Rs. 4 per litre and Rs. 8.5 per litre for the specified serial numbers.

Notification No. 37/2026 introduces a revised rate of Rs. 7.5 per litre for the entry against Serial Number 1.

The Ministry of Finance, Department of Revenue, issued these notifications.

These revisions reflect the government's practice of periodically adjusting special additional excise duties on petroleum products in response to revenue requirements and market conditions.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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