 "GST can make fuel cheaper by up to Rs 20 and Rs 25 per litre: Study")
Prices could come down by up to Rs 20 and Rs 25 per litre for diesel and petrol, respectively, if they are brought under the goods and services tax (GST) drawing a peak rate of 28 per cent under the current global crude oil prices and exchange rate, revealed a study.
With some assumption, SBI Research in its latest study found that diesel and petrol prices would come down to Rs 68 and Rs 75 per litre, respectively, across India.
The study has assumed global crude oil price at the current levels of $60 per barrel, rupee-dollar exchange rate at Rs 73,
