Duty rates on Cement are one of the highest and next only to luxury goods such as cars. Other core industries such as coal steel attract duty at around 5 per cent. Cement is one of the core infrastructure industries and has limited manufacturing capacity in view of the expected GDP growth and projected demand for cement over the medium to long term.
The industry expects faster finalisation of 2G spectrum bidding process, more clarity on the spectrum prices and related issues.
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