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Industry

Cement price likely to reduce by Rs14.5 per bag

By Hassan Naqvi

LAHORE: The price of a 50-kilogramme (kg) cement bag is expected to fall by Rs14.5, as the government has slashed Federal Excise Duty (FED) on cement from Rs2 per kg to Rs1.75 per kg. 

According to reports, the 0.25 per kg reduction will amount to Rs12.5 for a 50kg cement bag, which will decrease the price by another Rs2 due to savings on General Sales Tax (GST), bringing the total savings to Rs14.5.

Previously, Rs100 FED was being charged on a 50kg cement bag.

“We are happy that the government has reduced the excise duty. But we are disappointed that it did not remove it altogether. There is no justification for excise duty on cement. We hope the government will remove it as soon as possible,” Azam Faruque, Chairman of the All Pakistan Cement Manufacturers Association (APCMA), remarked.

 

 

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Hassan Naqvi
Hassan Naqvi
The writer is a staff reporter and can be reached at [email protected]

94 COMMENTS

  1. What will be the new price for Lucky cement & kohat cement? And from when the new prices will be apply?

  29. I want per month 1400 bag
    Tel me price
    Lucky cement
    Foji cement
    Kohat cement
    DG cement
    Cherat cement

  30. I want per month 1400 bag
    Tel me price
    Lucky cement
    Foji cement
    Kohat cement
    DG cement
    Cherat cement
    Location

  31. I want per month 1400 bag
    Tel me price
    Lucky cement
    Foji cement
    Kohat cement
    DG cement
    Cherat cement
    Location
    My contact number 0322/03324000342

    • We need per month 4000 to 6000 bag
      Tel me price
      Fouji cement
      Lucky cement
      Foji cement
      Kohat cement
      Cherat cement
      Location islamabad
      My Contect number +923445586715

  72. Mujhe 250 bag cheye keya rate mele gaa or plz mujh sey rabta kerin 03027599600 and send me email

Comments are closed.

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