Cement industry''s PAT nosedives in current fiscal''s 1Q ...
Cement industry of Pakistan is heavily taxed. During the financial year 201819, federal excise duty has further been increased by Rs 250 per ton. Federal excise duty was Rs 400 per ton (Rs 20/bag) in the financial year 201314 which has increased to Rs 1,500 per ton (Rs 75/bag) in the budget for 201819, the spokesman added.