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  1. GST rate rationalization is supporting consumption, driving LCV demand, and impacting Cement, Steel, and Mining sectors.

GST Cut on Cement from 28% to 18% Improves Affordability, Shifts Consumer Preference

1 report, 1 independent Updated Sep 21
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What happened

Some supportReported by 1 outlet

The Goods and Services Tax (GST) on cement was reduced from 28 per cent to 18 per cent, effective September 22, 2025. The tax cut translated into roughly a 7.8 per cent reduction in the tax-inclusive price, equivalent to about 25 per 50-kilogram bag at prevailing prices, according to market analysis. Cement manufacturers passed on this benefit to consumers through lower prices.

From business-standard.com

Why it matters

Some supportBrind's analysis of the reports

The tax reduction improved affordability for end consumers and led to a modest reduction in overall construction costs. However, experts noted that the direct impact on overall cement demand volumes remained limited, as demand is still driven primarily by underlying housing and infrastructure activity.

GST rate rationalization is supporting consumption, driving demand for large volume products, and impacting the Cement, Steel, and Mining sectors.

From business-standard.com

Who's involved

  • Anupama ReddyResearcher commenting on the impact of the GST reduction on the cement market.

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Coverage

Newest first; wire copies grouped