Due to three reasons the price of Cement may have go up in near future according to Consumer Affairs Authority(CAA).
The rising value of the Dollar,Due to the increase of Board and Delivery Charge to 7.5% and the 4% increase of Value Added Tax(VAT) are the main reasons for this situation the CAA has announced.
The Cement manufacturing Companies have already requested the Authority to grant permission for increasing the Cement Prices it has been announced.
The Consumer Affairs Authority which declared Rs.870 as the stranded price for Cement is now discussing with relevant authorities to increase the cement prices,
The rising value of the Dollar,Due to the increase of Board and Delivery Charge to 7.5% and the 4% increase of Value Added Tax(VAT) are the main reasons for this situation the CAA has announced.
The Cement manufacturing Companies have already requested the Authority to grant permission for increasing the Cement Prices it has been announced.
The Consumer Affairs Authority which declared Rs.870 as the stranded price for Cement is now discussing with relevant authorities to increase the cement prices,