Trade Resources Industry Views Indian Government Will Charge 2% Tax on Packaging Material That Is Non-Biodegradable.

Indian Government Will Charge 2% Tax on Packaging Material That Is Non-Biodegradable.

The Indian Government has introduced an amendment bill in the Goa assembly seeking to charge 2% tax on packaging material that is non-biodegradable.

Bottles and containers are included in the material, timesofindia.indiatimes.com reported.

The Goa Non-Biodegradable Garbage (Control) (Second Amendment) Bill, 2013 has been introduced by the Environment minister Alina Saldanha in a bid to allow the government to levy a tax that will not be more than 2%.

By the amendment of Section 7 of the Goa Non-Biodegradable Garbage (Control) Act, 1996, the government will collect tax to promote bags and containers sale and usage.

The collected tax will also be used to execute solid waste management schemes such as segregation, collection, safe disposal as well as non-biodegradable waste material re-cycling.

 

Source: http://recyclable.packaging-business-review.com/news/indian-government-seeks-tax-on-non-biodegradable-packaging-260413
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Indian Government Seeks Tax on Non-Biodegradable Packaging