Economy, asked by alberteinstien4601, 10 months ago

For govt contracting purpose buying cement how much percentage gst i get back

Answers

Answered by sara200408
0

Answer:

Refractory cement, mortars, concretes (mainly used for building industry furnaces, huge ovens etc.) will attract 18% tax.

Cement Bonded Particle Board will attract 12%

The main raw materials for cement are limestone, coal and electricity. The tax rates on these are as follows:impact of GST on cement

Limestone is taxed at 5%

Coal is capped at 5%,which is a reduction from the earlier rate of 11.69%

Electricity is outside the preview of GST

Answered by dhayadon
0

Answer:

heya!!

Explanation:

it depends on what cement you buy!!

#Refractory cement, mortars, concretes (mainly used for building industry furnaces, huge ovens etc.) will attract 18% tax.

#Cement Bonded Particle Board will attract 12%

hope it helps you!!

mark as brainliest!!

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