STOCK MARKET BSE NSE

Petrol transporters flay VAT, warn of stir

HYDERABAD: The Andhra Pradesh Petroleum Dealerscum- Tank Truck Operators Welfare Committee (APPDTTOWC) has threatened to go on an indefinite strike from April 16 if the state government fails

Published: 26th March 2012 04:59 AM  |   Last Updated: 16th May 2012 09:45 PM   |  A+A-

HYDERABAD: The Andhra Pradesh Petroleum Dealerscum- Tank Truck Operators Welfare Committee (APPDTTOWC) has threatened to go on an indefinite strike from April 16 if the state government fails to withdraw the value added tax on trucks which transport petroleum products. Over 250 members from across the state belonging to various associations under the banner of APPDTTOWC gathered at Vanasthalipuram here on Sunday.

The meeting was chaired by committee president YV Eeshwar Rao.

General secretary M Kumaraswamy and others attended. The members took strong objection to the state government's decision to levy VAT on transport trucks carrying petrol and diesel from various depots to petrol pumps in the state.

Speaking to Express, Kumaraswamy said that if the government failed to respond to their pleas, particularly on relaxation of VAT, on or before April 15, all the 6,000 truck operators, including 1,000 from Greater Hyderabad, will stop plying the trucks that carrying petroleum products from April 16.

“It is very unfortunate on the part of the state government to levy VAT on petroleum carriers. When we get 2 to 3 percent profit margin, how can the government levy 14.5 percent VAT? It is ridiculous and absurd.

Moreover, we are working in a hazardous condition as carrying petroleum products is life-threatening,'' he said and alleged officials were seizing the bank accounts of truck operators.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp