Commitment to Equity Analysis · Bhutan

Fiscal Policy Reference Dashboard

CEQ 2017 → 2022 Update
🇧🇹 Bhutan
2017 – 2022
CEQ 2017

Fuel Subsidies — Bhutan

Aspect Detail
Fuel source Bhutan imports all its fuel from India.
Before March 2026 Bhutan had no fuel subsidy — prices were set based on international prices and actual procurement costs.
March 21, 2026 Bhutan introduced the National Fuel Price Smoothening Framework (NFPSF) with subsidies: Nu 16.31/litre — Petrol   Nu 75.82/litre — Diesel
India's pricing arrangement Bhutan receives fuel without Indian domestic taxes (zero-rated under GST, exempt from export duties). This is a tax exemption under the bilateral trade agreement, not a direct subsidy.