Tag: MRAI 2022

India: Govt weighing reduction in GST on recycling raw materials

May 10, 2022

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by

Drishya Yadav

in Melting Scrap

The Ministry of Finance (MoF) assured participants at the recently-held Material Recycling Association of India (MRAI) conference that it will pursue a downward revision in the GST on recycling raw materials from the present 18% to 5%. Dr Bhagwat Karad, Minister of State, Ministry of Finance, Government of India, assured that he will pursue the…