[Indian recyclers seek lower GST, easier scrap imports]

Published: Sep 23, 2026 15:15 (GMT+8)

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India’s metal recycling industry has urged the government to cut GST on metal scrap to 5% from 18% and remove the Pre-Shipment Inspection Certificate (PSIC) requirement for scrap imports. Recyclers said the high GST increases working capital needs, while overseas inspection adds costs and can delay shipments. The government is also promoting critical mineral recycling through a INR 1,500-crore incentive scheme, with 58 companies approved so far and around 850 KTPA of planned recycling capacity.

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