 "Uphill task for truck makers after poor FY17")
The government is likely to sustain a loss of Rs 10 billion revenue each day as the All India Confederation of Goods Vehicles Owner’s Association (ACOGOA) have threatened to go on an indefinite strike starting June 18.
“The state and Union governments will lose Rs 10 billion revenue each day on diesel sales only as the total tax collected is Rs 38 per litre. In addition, there will be a total economic crisis as raw material and finished goods will not reach the destination”, said Rajinder Singh, secretary general of ACOGOA.
As per the industry body, as many as 7.5
