April 29, 2024 11:08 (IST)
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Recycled PSF producers seek continuation of tax advantage vis-à-vis virgin PSF in GST regime

Recycled PSF producers seek continuation of tax advantage vis-à-vis virgin PSF in GST regime

New Delhi, May 31 (IBNS) The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers in India, has requested the Union Finance Ministry to maintain the current excise duty cost advantage of recycled PSF vis-à-vis virgin PSF, while finalising the GST rates.