GST Reduction on Cement and Steel
Sector: Steel • Location: India
Source: Deccan Herald
The GST Council has reduced the GST rate on cement and steel from 28% to 18%, which is expected to reduce construction costs by 3-5%. This reform aims to make housing more affordable, especially in the affordable housing segment, and improve project viability and infrastructure development across India.
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Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The GST Council has reduced the GST rate on cement and steel from 28% to 18%, which is expected to reduce construction costs by 3-5%. This reform aims to make housing more affordable, especially in the affordable housing segment, and improve project viability and infrastructure development across India. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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