Tag: shipbuilding raw materials

Budget FY’26: Zero BCD on copper, zinc to boost recycling

Feb 1, 2025

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by

Drishya Yadav

in Copper, Lead, Melting Scrap, Non Ferrous, Non Ferrous, Zinc

In a significant push for India’s non-ferrous recycling sector, Finance Minister Nirmala Sitharaman announced a complete exemption of basic customs duty (BCD) on copper scrap, zinc scrap, and lead scrap in the Union Budget 2025-26. The move aims to reduce import dependence, lower production costs, and strengthen domestic processing in key industries. BCD removal to…