Higher compliance costs makes transporters’ travel ‘bumpier’

Increased compliance costs related to goods and services tax (GST), combined with the rising diesel prices, has affected the profitability of transporters in the near term. “Higher compliance costs related to GST due to technological upgradation, up-skilling of workers, penalty charges etc. have added to the cost-burden of transporters, which coupled with the increasing diesel prices, have taken a…