GST reduction on cement supports the Govt's Housing for All mission: SICMA

Hyderabad, Sept. 19 -- The South Indian Cement Manufacturers' Association (SICMA) today expressed its sincere appreciation to Prime Minister Narendra Modi, and union Finance Minister Nirmala Sitharaman, for the landmark decision to reduce Goods and Services Tax (GST) across a wide range of goods and services, including cement.

This timely and progressive measure enhances consumer affordability, boosts industry competitiveness, and marks a major step in India's journey towards Atmanirbhar Bharat, the association said in a statement here.

It demonstrates the Government's commitment to inclusive development and addresses longstanding concerns across multiple sectors, the association said, adding the GST Reduction on Cement from 28 per cent t...