5%-18% Inverted Duty Structure to cause Inequality - The Desired GST Reforms needs Balanced Approach - DNA India

The inverted GST structure (18% scrap, 5% output) cripples formal recyclers' cash flow, promotes tax evasion, and harms India's circular, green economy. 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 int…