https://www.taxtmi.com/news?id=56473 The Government's GST reduction on cement lowers the statutory tax rate and requires sellers to update invoicing and tax collection to reflect the new rate. A cement manufacturer has committed to pass the full benefit to customers by revising invoices, instructing dealers and channel partners to reduce prices, and maintaining supply, using invoice adjustment and dealer compliance as the operative mechanisms for price transmission. en-us Mon, 22 Sep 2025 16:31:02 +0530 Mon, 22 Sep 2025 16:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=56473 The Government's GST reduction on cement lowers the statutory tax rate and requires sellers to update invoicing and tax collection to reflect the new rate. A cement manufacturer has committed to pass the full benefit to customers by revising invoices, instructing dealers and channel partners to reduce prices, and maintaining supply, using invoice adjustment and dealer compliance as the operative mechanisms for price transmission. News - Mon, 22 Sep 2025 16:31:02 +0530 https://www.taxtmi.com/news?id=56473