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Indian metal recycling body calls for duty reform, subsidies to boost sector

January 24, 2024 Comments Off

The Indian government needs to reform non-ferrous metals customs duty and introduce subsidies and tax credits to boost metal scrap supply and recycling initiatives, the Material Recycling Association of India conference in Kolkata was told Jan. 24. MRAI President Sanjay Mehta said the government should waive non-ferrous import duties to boost supply, to match the duty waiver for ferrous scrap…