Plastic

Plastic Scrap Without a GSTIN Now Costs the Buyer 18%, Upfront and in Cash

On 1 November 2026, three CBIC notifications changed how plastic waste and scrap is taxed. Buy from an unregistered supplier and you now pay the GST yourself, in cash, at 18%. Buy from a registered one and you deduct 2% at source instead. From 1 January 2027 every purchase from an unregistered supplier also needs an e-invoiced self-invoice. The paperwork, not the rate, is what will reshape who sells plastic scrap in India.

The rPET Boom Just Got Its First Crack. India's Biggest Chemical Recycling Plant Has Been Cut by a Third Before a Single Brick Was Laid.

On 15 October 2026, Loop Industries told investors it had shrunk the planned capacity of India's first large-scale PET depolymerisation plant from 70,000 to 45,000 tonnes a year, a 36% cut. Construction has not started. The company's board has formed a committee to weigh a sale. Mechanical recyclers are running ahead, but they cannot eat the coloured, contaminated PET that chemical recycling was supposed to handle. That waste stream just lost its most visible exit.

The recycled-plastic rule is racing ahead of its referee, and that is the recycler's opening

India's 2026 plastic rules now force brands to put 40% recycled content in rigid packaging this financial year, rising to 60% by 2028-29. That is a standing order to buy your recycled plastic. But the system meant to verify those claims, registered auditors and a CPCB guideline that was due around September 2026, has not fully arrived, which makes auditable, standard-grade recycled output the thing worth paying for.

Plastic Scrap: New Demand Coming?

A big plastics show in Hyderabad could change how your plastic scrap is used and valued.

A New Kind of Plastic Demand Is Coming to India

Big companies may soon want better quality plastic scrap. This is a heads-up for dealers who want to stay ahead and earn more.

Bottle-to-bottle PET capacity is being built faster than collection can feed it

The municipal concession wave is real. The qualification criteria are the actual story.

Turnover-based eligibility thresholds are deciding these tenders before a single technical bid is opened.