Balancing the inverted tax structure of the nation could increase the revenue and minimize tax evasion and support the green economy.
The recycling industry in the country which involves plastics, metals, paper, e-waste among others, is at the intersection point between environmental accountability and economic prospect. It can be used to base the green shift in India, lessen the waste in landfills, and minimize the emissions of virgin material production. To recyclers however, the prevailing Goods and Services tax structure (GST) system has become the bane of existence rather than a savior.
The main aspect of the difficulty is the so-called inverted duty structure, in which experts refer to it. GST charged on PET scrap is 18 per cent, and that on recycled PET fibre is 5 per cent hence i

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