Cement firms were strategically trying to pocket GST benefit meant for consumers: Yes Securities

New Delhi [India], September 27 (ANI): Cement companies were strategically attempting to pocket the GST benefit intended for consumers, noted Yes Securities in its latest industry update.  The report noted that following the government's decision to reduce the GST on cement from 28 per cent to 18 per cent, effective September 22, expectations were high for a meaningful price reduction at the…