RECYKAL TIMESIntelligence for the circular economyArchive search
GST officers can cancel a dealer's registration from a retrospective effect, and the dealer's customers can then be asked to give back the input tax credit they claimed. Here is what the law allows, what courts have ruled, and the records that protect a genuine business.
This week, Eicher-maker VECV signed a deal to route old trucks into registered scrapping centres. Behind it are a government scheme to replace more than 2 lakh old trucks and buses, and an auto industry that missed its legal scrapping target by 70%. For the first time, subsidy money and compliance demand are pointing at the same scrapyard gate.
The state is creating rules for large-scale battery storage. Smart dealers should see this as a sign of a major new scrap source on the horizon.
The immediate risk of a 15% EU export duty on aluminium scrap is gone, dropped to protect a wider trade deal with India. But for Indian buyers and sellers, the relief is temporary. The EU is now shifting its focus to a powerful new weapon: the Waste Shipment Regulation (WSR), which could block scrap flows to India from May 2027.
Big recycling plants are struggling to find enough clean bottles. This is a big shift for sellers, who can earn more for quality, and buyers, whose costs are rising.
The government's 'Viksit Bharat' plan isn't just high-level talk. It's a direct demand signal for decades of growth in the scrap industry, backed by hard targets and new policies.
Itanagar has banned plastic bags under 120 microns. If you deal in low-grade plastic, this new rule could make your stock worthless overnight.
A floor under e-waste EPR certificates changes recycler economics in ways that reward capacity commitments made before notification, not after.
Documentation and traceability requirements are becoming the real barrier to entry in lithium-ion recovery, not processing technology.