Tokyo Cement Group announces that they will directly pass on the benefit of the recently announced Tax Reduction by the Government, to all their customers. Tokyo Cement Group, made this announcement following the government’s decision to remove the Nation Building Tax (NBT) and reduce the Value Added Tax (VAT) from 15%to 8%.
This reduction in price will be applied on all cement brands of Tokyo Cement with immediate effect, and will result in the customers gaining a greater cost benefit.
The tax revision which came in to effect from December 1, is a welcome boost to the construction industry of Sri Lanka which is currently on a significant growth trajectory. Passing on this benefit directly to all customers, both individual consumers as well as commercial users, will encourage this growth momentum and benefit the entire industry
0 comments: