Tag: TISMA requested to streamline the GST on recyclable ferrous scrap
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India: TISMA requested to streamline GST on recyclable ferrous scrap
The south India’s Telangana Iron and Steel Manufacturers Association (TISMA), represent a group of 40 steel manufacturers based in Telangana having capacity of around 3.6 MnT per annum finished steel production has requested to honourable Finance Minister to reduce GST on scrap from 18% to 5%. It also requested to remit GST payment by Reverse…