GST Council to Decide Cement Tax Rate After Expert Analysis

Construction World

The head of the Central Board of Indirect Taxes and Customs said on Friday that when an expert committee makes its recommendation, the Goods and Services Tax (GST) Council of India will decide whether to lower tax rates on cement. The fitment committee, which examines the consequences of rate adjustments, will meet to discuss and finalise its report on the elimination of a 28% GST rate on cement b…

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