POST-GST SCENARIO OF CEMENT

INDUSTRY
Cement prices after
GST
AF T ER THE I MPLEMENTATI ON OF
GS T, T HERE WAS A P RICE INCRE AS E
I N BOTH AVERAGE WHOLE S ALE
P R ICE AND AVERAGE RE TAI L P RI CE
F OR THE YEAR 2 01 7- 20 18 .
Export and Import of cement after GST
T HE AVERAGE CEMENT EXP ORTE D DECRE AS ED F ROM RS . 88 63 .9 6 TO RS .
7 72 3.06 MI LLION, AND THE AVERAGE IMP ORTE D C EMENT I NCRE ASE D F R OM
RS .57 14 .76 TO RS. 6 622 .1 6 MI LL ION IN T HE P ERI OD OF BEF ORE AND AF T ER
I MP L EMENTATION OF GS T.
Production and Consumption of cement after
GST
T HE AVERAGE PRODUCTI ON OF CEMENT INCRE AS E D F ROM 2 68 523 .3 3
MIL LI ON TONS TO 31 45 84 MIL LI ON AND CONS UMP TI ON I NCRE ASE D F R OM
2 65 15 9.86 MI LLI ON TONS TO 31 27 97 .6 6 DURI NG P RE - AND P OST- GS T P E RI ODS .
I N THE YEARS 2 01 7- 20 18 AND 20 19 -2 02 0, T HE CONS UMP T ION WAS ABL E TO
MEE T T HE PRODUC TI ON.
FDI inflow into Cement

The average FDI into cement Industries reduced from 5142.32 crores
to 86.11 crore post-GST. Similarly, there are not much encouraging
FDI inflows to India construction projects and infrastructure
development
projects
Indirect taxes paid by select
cement companies from 2017
to 2020.
Top 5 players in the Cement Industry
who paid indirect taxes (Rank Wise) 1.
Ultratech
2. ACC
3. Ambuja
4. Dalmia
5.Jaiprakash Associates (Jaypee)