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The Gov­ern­ment is mov­ing to re­duce the rate of du­ty on oth­er hy­draulic ce­ment from 10 per cent to ze­ro per cent.

The Min­istry of Trade and In­dus­try said yes­ter­day the de­ci­sion fol­lows its mon­i­tor­ing of mar­ket con­di­tions in the ce­ment in­dus­try, and the re­cent ac­tion by Trinidad Ce­ment Ltd (TCL) to in­crease the price of ce­ment by 7 per cent this year.

In a news re­lease, the min­istry said the price ad­just­ment was the fifth in­crease im­ple­ment­ed by TCL since 2021.