The government has revised the import tax imposed on cement, with an increase in prices effective from June 17.
According to the Investment Promotion Ministry, the CESS levy imposed on 1kg of artificially coloured and uncoloured cement has been increased from Rs. 3.00 to Rs. 5.00.
The CESS tax on other Portland cement imported in packaging of 50kg and below has been increased from Rs. 5.00 to Rs. 8.00.
Meanwhile, the CESS tax on other Portland cement imported in the packaging of over 50kg or bulk has been increased from Rs. 3.00 to Rs. 5.00. (NewsWire)