Cement firms were strategically trying to pocket GST benefit meant for consumers: Yes Securities
Cement companies were strategically attempting to pocket the GST benefit intended for consumers, noted Yes Securities in its latest industry update.
Tag: gst on cement
Cement run gets GST boost
GST revision is one more favourable factor for the cement industry.
GST Council next meeting
GST Council next meeting is likely to schedule mid of the June, 2023. The council may take up the issue of GST rate on cement. The GST rate on cement may be brought down to 18% from present 28%. GST…
GST clarity on gaming, cement likely at Council meeting in June
The much-awaited clarity on online gaming tax rates is expected at the next meeting of the GST Council, which is likely next month. The council is also set to decide on revising the rates for millets and cement at the…
GST Council will take a call on cement rate change
Finance Minister Nirmala Sitharaman on Friday said that any rate change on cement will be decided by the Goods and Services Tax Council. The FM also added that the prices are not having any impact on the real estate inventory.…
GST on cement: FM Nirmala Sitharaman makes big statement
Finance Minister Nirmala Sitharaman has hinted that the government could review the GST on cement as a step towards easing construction costs which is currently 28 per cent. Notably, the 49th meeting of the GST Council is slated to meet…