Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
News Tax

Displaying items by tag: Tax

Subscribe to this RSS feed

Chettinad Cement offices raided by tax office

11 December 2020

India: Tax authorities have raided 10 offices of Chettinad Cement and its subsidiaries in Telangana and Andhra Pradesh. The Times of India newspaper has reported that the officers are investigating allegations of tax evasion.

Published in Global Cement News
Read more...

Production resumes at Cemex Tepeaca plant

05 October 2020

Mexico: Cuautinchán city council granted permission for Cemex to resume cement production at its 7.2Mt/yr integrated Tepeaca plant in Cuautinchán following its suspension on 1 October 2020 for failure to pay city rates.

The Municipios Puebla newspaper has reported that Cuautinchán mayor José Pérez opposes the reopening, accusing Cemex of quarrying over 4.44km2 in a remote area where its licence extends over a site of just 12.0km2. He stated that Cemex has caused environmental deterioration and failed to comply with road upkeep requirements, adding, “It is not a company that has established co-responsibility against municipalities.”

Published in Global Cement News
Read more...

Pakistani producers lobby for tax cuts

27 August 2020

Pakistan: Leading cement producers have said that prices will rise by 10% before 2021 if a reduction in Federal Excise Duty (FED) to US$5.95/t of cement from US$11.9/t does not materialise. DG Khan Cement owner Nishat Group chair Mian Mansha said, “Failing this, producers will take a US$119m total hit on revenues,” according to the Express Tribune newspaper.

Published in Global Cement News
Read more...

SLK Cement is Sverdlovsk’s Best Taxpayer of the Year 2019

20 August 2020

Russia: The Ministry of Finance of Sverdlovsk Oblast has named Buzzi Unicem subsidiary SLK Cement amongst the winners of Best Taxpayer of the Year 2019, an award that recognises commercial contributions to the regional economy by taxpaying in order to “raise the profile of companies and increase their role in the socio-economic development of the territory.” SLK Cement paid US$23.0m in taxes in 2019, up by 2.4% year-on-year from US$22.5m in 2019.

General director Andrey Immoreev said, “Honesty and compliance with the law are one of the key values of the Buzzi Unicem business code, in accordance with which we work. In our activities, we strictly follow the legal norms in the field of labour protection, industrial, fire, sanitary and epidemiological, environmental safety, taxes and Gosudarstvenii Standart (GOST) and international cement quality standard regulations, as well as retaining a customer focus in the company. In addition, despite the external factors associated with the coronavirus pandemic, we confidently continue to implement investment projects to modernise production equipment and provide assistance to the territories in which we are present.”

Published in Global Cement News
Read more...

Competition Commission of Pakistan launches price spike investigation

27 July 2020

Pakistan: The Competition Commission of Pakistan (CCP) has launched an investigation into alleged collusion between cement companies that may have been the cause of a localised cement price spike in northern Pakistan. On 25 July 2020 the Pakistan Bureau of Statistics (PBS) recorded cement price rises of up to 8.9% in Punjab and Khyber Pakthunkhwa compared to a month earlier, according to the Profit newspaper. Officials had predicted a nationwide price drop after the government abandoned the Federal Excise Duty (FED) on cement in June 2020. Prices have decreased by a small margin in the southern regions of Balochistan and Sindh.

The Ministry of Industries and Production previously asked producers to lower cement costs in May 2020 in order to boost construction in the interest of the post-coronavirus lockdown economic recovery.

Published in Global Cement News
Read more...

Henan Province to raise utility costs for polluting cement producers

09 July 2020

China: Henan Province has announced a planned rise in water and energy tariffs for cement producers that fail to meet current emissions standards and clean transportation requirements. Reuters News has reported that companies subject to the measures will pay US$0.07 – US$0.14/m3 more for water and up to US$0.01/kWh more for electricity. Henan enacted ‘ultra-low’ emissions limits of 10Mg/Nm3 of dust, 50Mg/Nm3 of NOx and 100Mg/Nm3 of SO2 in 2018. Cement plants in the province produce 105Mt/yr of cement.

Published in Global Cement News
Read more...

Bangladesh Cement Manufacturers Association lobbies against income tax and import duties

22 June 2020

Bangladesh: The Bangladesh Cement Manufacturers Association (BCMA) has suggested the removal a 3% non-refundable advance income tax (AIT) and a 3% import duty on raw materials, as well as the reduction of a US$5.88/t import duty on clinker by 40% to US$3.53/t. The Dhaka Tribune newspaper has reported that BCMA members are struggling to pay their dues due to the impacts of the coronavirus lockdown, which caused the sector a loss of US$353m between 21 March 2020 and 21 June 2020.

BCMA President Mohammed Kabir said, “To generate taxes and revenue from this sector, the government should save our businesses and meet our logical demands in the final budget. We are really frustrated that our demands were unaddressed in the proposed budget. Our working capital will dwindle if the government keeps charging the AIT.” He added, “If the government does not remove the 3% non-adjustable AIT, then at least it should be declared as adjustable tax.”

Published in Global Cement News
Read more...

Honduran government will not increase cement import tariffs

10 June 2020

Honduras: The government says that it will not raise import duties on cement so as not to impact negatively upon “the construction industry and consumer.” The La Prensa newspaper has reported that Minister of the Secretariat of Economic Development María Antonia Rivera said, “The Government is defining regulations on the quality of imported cement and cement made in Honduras. We have no plans to increase tariffs; rather we are promoting price stability.”

Published in Global Cement News
Read more...

MPA lobbies for clarity and cash

26 March 2020

UK: Mineral Products Association (MPA) chief executive Nigel Jackson has written to the Chancellor, Rishi Sunak, welcoming his deferment of value added tax (VAT) and urging the extension of this deferment to Employer National Insurance (ENI), Corporation Tax and Business Rates. “What business needs now are fast and simple solutions that enable them to keep cash in their businesses and their employees in their jobs,” said Jackson. “Fixed costs are very high. Once the recovery starts the pent-up demand will be immense.”

Published in Global Cement News
Read more...

Import duties to continue in Armenia

23 March 2020

Armenia: The Armenian government has announced that it plans to extend the duration of state duties on cement imported from Iran and several other countries until 1 July 2020. The decision was made on the basis of analysis that confirmed an extension of the customs duties was appropriate. The government said that it would continue to monitor the situation.

According to the RA Statistical Committee Armenia produced 0.59Mt of cement in 2019, 8.1% more than in 2018. The RA Customs Service reported that the country imported 0.31Mt in 2019, a year-on-year increase of 70.5%.

Published in Global Cement News
Read more...
  • Start
  • Prev
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • Next
  • End
Page 14 of 27
“Loesche
SR-MAX2500 Primary Shredder for MSW - Fornnax Recycling Technology
PrimeTracker - The first conveyor belt tracking assistant with 360° rotation - ScrapeTec
UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now
Acquisition Cemex China CO2 coronavirus data decarbonisation Export France Germany Government grinding plant HeidelbergCement Holcim Import India Investment LafargeHolcim market Mexico Nigeria Pakistan Plant Production Results Sales Sustainability UK Upgrade US
« July 2025 »
Mon Tue Wed Thu Fri Sat Sun
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement X
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
  • Global CemBoards
  • Global CemCCUS
  • Global CemFuels
  • Global CemFuels Asia
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • LinkedIn
  • Facebook
  • X

© 2025 Pro Global Media Ltd. All rights reserved.