- Due to conflicts in the Middle East, global fuel prices have been rising, and domestic fuel prices have also been gradually increasing. In response, efforts are being made to stabilize the prices of essential foodstuffs and commodities transported using diesel-powered vehicles.
- By taking measures to stabilize and reduce the price of High-Speed Diesel (HSD 500 ppm), which is predominantly used in the transport of goods, it is expected that commodity prices can also be stabilized and reduced.
- Therefore, to stabilize and lower commodity prices, exemptions will be granted on customs duty, special goods tax, commercial tax, and advance income tax (two per cent) levied on the importation of HSD (500 ppm) diesel. These exemptions will be effective from 1 April 2026 to 30 April 2026.
- This tax exemption will apply only to imports of HSD (500 ppm) diesel for which Import Declarations (ID) are opened with the Customs Department within the specified period.
Ministry of Finance and Revenue
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