Clinker imports plunge 77pc on new levy

Cement clinker imports plummeted by 77.4 percent last year.

Photo credit: Photo | Shutterstock

Cement clinker imports plummeted by 77.4 percent last year as the government introduced a steep tax on the product, in a move it argued would help promote the local manufacturing industry.

According to the new Economic Survey, clinker imports declined to just 148,018 tonnes in 2023, marking a steep decline from 656,499 tonnes that were imported by cement manufacturers in the previous year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.