Karnataka truck operators urge government to cut toll, VAT as diesel prices soar; no freight hike for now
Truck operators in Karnataka are calling for government intervention to address the rising diesel prices that have been increasing for four consecutive weeks. They are requesting a suspension or reduction of tolls and a cut in Value Added Tax (VAT) on diesel to alleviate financial pressures. The operators warn that without relief measures, freight charges may rise, impacting the prices of essential goods.
- ▪Truck operators in Karnataka are facing severe financial distress due to rising diesel prices.
- ▪They have requested the government to suspend or reduce toll collection and cut VAT on diesel.
- ▪The transport sector is experiencing one of its toughest periods since the Covid-19 pandemic.
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Truck operators and transport contractors in Karnataka have urged both the Union and State governments to immediately intervene and ease the burden caused by the fourth consecutive hike in diesel prices, warning that continued increases would eventually impact the prices of essential commodities, retail goods, and overall supply chain costs across the State.In a meeting convened by the Federation of Karnataka State Lorry Owners and Agents’ Association and the Retail Transport Contractors’ Association in Bengaluru on Wednesday, transport operators decided to formally write to the governments seeking measures such as suspension or reduction of toll collection on national highways and a cut in Value Added Tax (VAT) on diesel.The associations said the continuous increase in fuel prices had…
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