In its recent meeting with Union finance minister Nirmala Sitharaman, the All India Plastics Manufacturers’ Association (AIPMA) proposed zero GST on plastic waste and recycling machinery to encourage recycling.
The Chairman of AIPMA’s governing council, and other office bearers, demanded that GST on the conversion cost of recycled plastic granules should be brought down to 5% from 18% and sought a 20% subsidy to purchase capital equipment for recycling.
Source #TOI
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