Question

    Why does the author feel that the fuel should come under

    the GST umbrella?
    A The fuel prices will get immunity against the fluctuations due to precarious logistics prices Correct Answer Incorrect Answer
    B The fuel prices would be much lower even at the highest GST rate Correct Answer Incorrect Answer
    C The government will not be able to manipulate the fuel prices to moderate impacts of poor economic growth Correct Answer Incorrect Answer
    D This would decrease the operational costs of businesses in the country Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    “Even at the highest rate of 28%, the price of petrol would be around ₹60 per litre.”

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