Tuesday, September 1News That Matters

Tag: ZINC DROSS

Material Recycling Industry Seeks Zero Duty on Zinc Dross, Flags Customs Anomaly

Material Recycling Industry Seeks Zero Duty on Zinc Dross, Flags Customs Anomaly

LifeStyle, Press Release
MRAI seeks duty removal on Zinc Dross Mumbai (Maharashtra) [India], September 1: The recycling industry has urged the Union finance ministry to remove the 5% customs duty on zinc dross, arguing that the levy creates an anomaly in the duty structure and puts domestic manufacturers at a disadvantage. The demand comes after the Union Budget 2025 abolished customs duty on zinc scrap as part of the government’s efforts to promote recycling, strengthen the circular economy and improve manufacturing competitiveness. However, zinc dross, a widely traded and recycled form of secondary zinc, continues to attract a 5% duty. Industry stakeholders said zinc dross has historically been treated and traded as zinc scrap in international recycling markets and is recognised under global recycling s...