Logically, it makes sense, but the reality is that government is unlikely to do that change anytime soon. A lot of revenues earned from cement GST. Also, there is a feeling that the cement industry may not really pass on the benefit of lower GST to the consumer, so that is also one of the another challenges. So, while logically, it makes sense, meaning I am not really expecting it to happen anytime soon at least not in the next 12 months.
Subscribe To Our Free Newsletter |