Fuel price hike sparks concern among transporters; SIMTA urges Centre to cut toll, VAT
Bengaluru, May 30 -- Rising fuel prices have triggered fresh concerns among transport operators and vehicle owners across the country, with the South India Motor Transport Association (SIMTA) urging the Central Government to provide relief by reducing toll charges and Value Added Tax (VAT) for the next six months.
According to transport industry representatives, repeated increases in petrol and diesel prices over the past few days have significantly raised operating costs, putting pressure on transport businesses already dealing with high maintenance and logistics expenses.
Letter to PM
The association has reportedly written to Prime Minister Narendra Modi seeking immediate intervention and warning that freight charges may have to be r...
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