GST Cut On Cement To Boost Sector, Accelerate Infra Growth: Industry Players

GST Cut on Cement Will Bring Brighter Prospects for Industry: Nuvama

Get latest articles and stories on Business at LatestLY. The reduction in GST on cement from 28 per cent to 18 per cent is expected to be a game-changer for the sector, according to a sector report by Nuvama Institutional Equities. Business News | GST Cut on Cement Will Bring Brighter Prospects for Industry: Nuvama.

GST Cut On Cement To Boost Sector, Accelerate Infra Growth: Industry Players

The GST rate reduction on cement will not only support domestic manufacturers but also accelerate the pace of infrastructure development and catalyse industrial expansion in India, industry players said on Thursday.

GST Cut on Cement to 18% May Lower Home Prices by 1–1.5%, Boosting Housing Demand - Business News Week

Dr. Samantak Das, Chief Economist and Head of Research & REIS, India, JLL In India, developers do not get the full benefit of Input Tax Credit (ITC) in real estate and hence the high GST rate on cement, currently at 28%, adds to the final apartment cost. The government’s decision to bring down the GST […] The post GST Cut on Cement to 18% May Lower Home Prices by 1–1.5%, Boosting Housing Demand first appeared on Business News Week.