Question 37
MediumOriginal questionWhich of these is not yet taxed under GST?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Five petroleum products, namely crude oil, petrol, diesel, natural gas and aviation turbine fuel, are within the GST law but will be taxed under it only from a date the GST Council recommends.
Until then they carry central excise duty and state VAT. Alcohol for drinking is kept out of GST by the Constitution itself.
- Concept
- What is outside GST
- Typical timeTypical
- 50 s
- Your timeYours
- —
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