Cement Industry Welcomes GST Cut, Vows Savings for Consumers

IO_AdminAfrica7 hours ago7 Views

quick Summary

  • Bharathi cement, a subsidiary of Vicat France, announced it will fully implement GST benefits for its customers and business partners.
  • The GST rate on cement has been reduced from 28% to 18%, effective September 22.
  • bharathi Cement confirmed that its invoices will reflect the updated GST rates and adjusted Maximum Retail Prices (MRP) for cement bags accordingly.
  • Director-Marketing ravinder Reddy stated that all dealers and channel partners have been instructed to lower prices to ensure customers receive the full benefit of this reduction.
  • The company expressed appreciation towards Prime minister Narendra Modi and Finance Minister Nirmala Sitharaman for the GST reduction, highlighting its benefits for home builders, infrastructure developers, and citizens across India.

Indian Opinion Analysis

The lowering of GST on cement from 28% to 18% is a meaningful move aimed at reducing costs in India’s construction sector. Cement plays an essential role in infrastructure development and also individual housing projects; thus, this measure could positively impact affordability for consumers.Bharathi Cement’s swift response in aligning with government directives demonstrates corporate responsibility by ensuring end users benefit fully from tax relief.

This action may set similar expectations across other companies within the industry. By passing on savings transparently through updated MRPs and invoices, Bharathi Cement reinforces trust among its clientele. Further implications may include stronger demand growth in construction-related sectors due to reduced building costs-a potential boost for economic activity overall.

Read more: Published – september 18, 2025

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