Post GST, Cement manufacturers reduce prices in North East

  • Post GST, Cement manufacturers reduce prices in North East
04-07-2017 | Pratidin Bureau. |

Cement manufacturers in the North East region has decided to slash prices of cement bags by Rs 15 each with immediate effect. The price cut comes as a GST gift for consumers as rate of taxes have been decreased and the cement companies have happily obliged to pass on the benefits.

According to a company source, Topcem, Star and Dalmia cements have already reduced their prices on each bag effective from 1st July’ 2017. The decision has been taken by the companies to extend their support towards the government’s GST implementation motto ‘One Nation, One Tax’.

Stating that North Eastern cement companies are first in the country to announce a price cut in the GST regime, Cement Dealers Association said other cement companies have also made announcements of rate deduction.

 

Tags : cement gst price cut Dalmia cements Topcem Star Cements


Comments.
Leave a reply.