Transport sector still reel under GST impact

GST has only increased confusion and a fear for smaller transporters, which has led to a huge number of job losses

After two and half months of Goods and Service Tax (GST) rollout, transporters are still not happy despite the fact that there are now no liquidity crunch and octroi.

Truck rentals have gone up due to diesel price rise in some busy routes. In fact, on many routes freight rates have fallen due to lower demand. The new tax regime under GST has only increased confusion and a fear among smaller transporters, which has led to a huge number of job losses.

"The overall transport demand is lower by average 20 per cent. Turnaround time of trucks has not improved