GST revision expected to reduce construction costs in India
The country's government recently simplified its GST system to a primary two-tier system with rates of five and 18 per cent. For luxury goods, a special 40 per cent tax will be ...
Taxation
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MPAS welcomes aligned aggregates taxes
Representing Scotland’s producers of essential rock, gravel and sand for construction, MPAS had called repeatedly for the SAT to remain aligned with the rest of the UK, warning ...
MPA Scotland launches new study prior to start aggregate tax
Working with Biggar Economics, the study will set out the contribution made by the industry, including the jobs it supports, its contribution to GDP and public finances. The stu...
Tamil Nadu government proposes limestone levy
The government of Tamil Nadu, India, has proposed a levy of an additional INR160/t (US$1.84) on limestone with effect from 20 February 2025. It follows the introduction of an IN...
Colombia's tax change may impact Argos valuation
Colombia's Congressional Economic Committees have voted in support of the tax change proposed by Iván Duque's government, a step that could impact the valuation of domestic ceme...
Pakistan's revenue collection autority to track tax evasion in cement industry
Pakistan's tax collection authority, Federal Board of Revenue (FBR), has decided to track and monitor the clearances of duties/taxes paid items from around 100 units of cement, ...
Costa Rica to introduce 5% cement tax
All Costa Rican cement, whether produced within the country or imported, will produce a communal tax of five per cent, according to a bill that seeks to eliminate a distortion i...
Afghan government cancels licence on country’s only cement plant
The Afghan Ministry of Mines and Petroleum has cancelled the licence to operate the Ghori cement plant, Reuters reports.
Dangote
Dangote Cement Senegal is one of three domestic cement companies, along with Sococim and Ciments du Sahel, to apply a new tax introduced by the Senegalese government.
Pakistan: APCMA calls for reduced taxes on domestic cement
All Pakistan Cement Manufacturers Association (APCMA) has asked the government to support the industry by placing anti-dumping duty on the Iranian cement and reducing taxes to m...