Category: Cement

India: How did the GST cut impact the cement industry over the past year?

Sep 23, 2026

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by

Suyash Jain

in Cement

GST cut reduces consumer prices by around 8% Premium cement becomes more affordable, gains popularity The Ministry of Finance introduced a GST cut on the Indian cement industry, reducing the GST rate from 28% to 18%, effective 22 September 2025. The move lowered the tax-inclusive price of cement by around 7.8%, translating into a reduction…