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News Indian Goods and Services Tax Council to consider lowering tax on cement sales

Indian Goods and Services Tax Council to consider lowering tax on cement sales

Written by Global Cement staff 21 June 2023
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India: The Goods and Services Tax Council will review the current imposition of a 28% goods and services tax on cement on 11 July 2023. The Telegraph newspaper has reported that the council is expected to recommend a reduction in the tax rate to the 18% band. Parliament’s Group of Ministers on Rate Rationalisation will then consider the recommendation.

Published in Global Cement News
Tagged under
  • India
  • Government
  • parliament
  • Tax
  • legislation
  • Goods and Services Tax Council
  • GCW613
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