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Budget 2012: Cement - Cut excise incidence

Despite the global financial meltdown that severely impacted several countries, India is one of the countries that could survive and posted a growth of 6.7 per cent in 2008-09. This was possible......

'Rationalise excise duty on cement'

Duty rates on Cement are one of the highest and next only to luxury goods such as cars. Other core industries such as coal steel attract duty at around 5%. Cement is one of the core infrastructure......

Cement: Give abatement on excise duty

Surplus scenario emerges despite double digit growth in demand on accelerated capacity additions; seeks abatement of excise duty on cement, removal of customs duty on inputs. Fears of excess......

Cement body seeks abatement of excise duty

Cement sector is witnessing fall in profits, despite impressive growth in demand. Retail cement prices have tumbled down from Rs 262 per 50 kg bag to Rs 240 in January 2010 in Mumbai. The prices......

Cement: Excise duty structure remain unchanged

The unchanged duty structure for the cement industry is a major disappointment. However, impetus for rural growth and infrastructure development will ensure healthy demand to continue. Budget......

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