In its pre-budget memorandum to the finance minister, the Cement Manufacturers' Association (CMA) has put forward the suggestion of a uniform rate of excise duty be levied on cement. Currently, different rates of excise duty are levied on cement based on retail price.
CMA has also suggested zero import duty on coal, pet coke, gypsum & other inputs. All the three inputs currently attract 5% duty if imported, while there is no duty on cement import. The association has also asked for reducing taxes and levies on cement pointing out that the tax on cement is the highest among the items required for building infrastructure.
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