Cement News tagged under: GST
India cement GST cut on the agenda13 February 2019, Published under Cement NewsIndia’s General Sales Tax (GST) Council will consider a proposal to slash the tax on cement from 28 to 18 per cent at its meeting on 20 February, along with a ministerial panel report that proposes a reduction in rates in under-construction properties, including affordable homes, according to Indian newspaper The Telegraph. However, the reduction of GST for cement to 18 per cent will represent a loss of INR130bn annually to the government. The Narendra Modi-led government wants the GST re... |
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