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Topic : Should fuel prices be deregulated?
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Should Petrol pumps start showing in their bill, the price as Cost + Tax?

Created by : Dr. Siva Adarsh, Consultant, Metabolic Disease & Research, Narayana Hrudayalaya  | 08 17 2010 05:13:37 +0000
Keywords : should petrol pumps start showing in their bill the price as cost + tax?
Activity:  96 views;  last activity : 08 17 2010 05:19:35 +0000
 
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Yes, this will give consumer an idea - how much goes to tax. Vs No, it is fixed by each Govt. & Ignorance is a BLISS!
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Now that capping over the fuel prices are over, why are petroleum pump outlets not showing in their bills the fuel price + tax, that the consumer is paying. In all other commodities, the bills are split that way. Then why not for petrol/diesel/CNG?

Its not like the VAT that we see for other non-/consumable products. But a value is added on and above the price of the fuel. Its only that this value is decided by individual state govts.

I am not an economist, so I may be wrong in my perception.Correct me if I am wrong and also provide in your valuable opinion to it.
By Dr. Siva Adarsh, Consultant, Metabolic Disease & Research, Narayana Hrudayalaya  | 08 17 2010 05:23:08 +0000
Argue for "Yes, this will give consumer an idea - how much goes to tax."
Argue for "No, it is fixed by each Govt. & Ignorance is a BLISS!"
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