Demand for reduction of excise duty and VAT on diesel
There is a huge outcry among the transporters' associations over hundreds of diesel. At the same time, concerns are being expressed about diesel prices. An emergency internal meeting was called by the transporters' association at 11 am today to take a decision on the rising diesel rates. Balmalkit Singh, president of the All India Motor Transport Congress and a member of the core committee, told ABP Mazha that the Center and the states would be asked to reduce diesel rates.
The Center has increased excise duty on diesel in the last several months. At the same time, states have also imposed heavy VAT on diesel. The transporters' union will demand that the Center reduce excise duty on diesel and that all states also reduce VAT on fuel.
Concerns are being raised by the general public about rising fuel prices. Rising diesel prices are hitting transporters hard. Rising diesel prices also lead to an increase in freight rates for transporters. Similarly, transporters are also suffering. At the same time, the direct impact of fuel price hike is also felt by the common man. Rising fuel prices also push up inflation. So, if diesel prices remain under control, the general public will also be relieved.
In August, Finance Minister Nirmala Sitharaman had said that there would be no exemption from excise duty. At the same time, some states, including Maharashtra, are opposed to bringing petrol-diesel under GST. On the other hand, with diesel and petrol crossing the 100 mark, there is a big wave of resentment among the general public.
There is a huge outcry among the transporters' associations over hundreds of diesel. At the same time, concerns are being expressed about diesel prices. An emergency internal meeting was called by the transporters' association at 11 am today to take a decision on the rising diesel rates. Balmalkit Singh, president of the All India Motor Transport Congress and a member of the core committee, told ABP Mazha that the Center and the states would be asked to reduce diesel rates.
The Center has increased excise duty on diesel in the last several months. At the same time, states have also imposed heavy VAT on diesel. The transporters' union will demand that the Center reduce excise duty on diesel and that all states also reduce VAT on fuel.
Concerns are being raised by the general public about rising fuel prices. Rising diesel prices are hitting transporters hard. Rising diesel prices also lead to an increase in freight rates for transporters. Similarly, transporters are also suffering. At the same time, the direct impact of fuel price hike is also felt by the common man. Rising fuel prices also push up inflation. So, if diesel prices remain under control, the general public will also be relieved.
In August, Finance Minister Nirmala Sitharaman had said that there would be no exemption from excise duty. At the same time, some states, including Maharashtra, are opposed to bringing petrol-diesel under GST. On the other hand, with diesel and petrol crossing the 100 mark, there is a big wave of resentment among the general public.
The Center has increased excise duty on diesel in the last several months. At the same time, states have also imposed heavy VAT on diesel. The transporters' union will demand that the Center reduce excise duty on diesel and that all states also reduce VAT on fuel.
Concerns are being raised by the general public about rising fuel prices. Rising diesel prices are hitting transporters hard. Rising diesel prices also lead to an increase in freight rates for transporters. Similarly, transporters are also suffering. At the same time, the direct impact of fuel price hike is also felt by the common man. Rising fuel prices also push up inflation. So, if diesel prices remain under control, the general public will also be relieved.
In August, Finance Minister Nirmala Sitharaman had said that there would be no exemption from excise duty. At the same time, some states, including Maharashtra, are opposed to bringing petrol-diesel under GST. On the other hand, with diesel and petrol crossing the 100 mark, there is a big wave of resentment among the general public.
