UP cement traders demand cut in GST rate; hike in e-way bill threshold

The association want e-way bill threshold at Rs 100,000 for easy transportation of goods

Uttar Pradesh cement traders have demanded that the Goods and Services Tax (GST) on cement be cut from existing 28% to 18% to boost the housing sector by making the commodity more affordable.

UP Cement Dealers Association (UPCDA) has written to GST Council to cut the tax rate with immediate effect. Besides, it has also demanded that the newly introduced e-way bill threshold be hiked from Rs 50,000 to Rs 100,000 to allow easy movement of goods.

These resolutions were passed at an emergency meeting of UPCDA at Kanpur on Friday, Association president Nikhilesh Dubey said. Ruing that cement, which