Ahmedabad based All India Non Ferrous Metal Exim Association has urged the Union government to remove recently imposed 2.5% import duty and abstain from enforcing Bureau of India Standards quality standards on imported aluminium scrap. ANMA Honorary Secretary Mr Jayant Jain said “The import duty on aluminium scrap in our neighboring countries is nil. Our government has imposed a 2.5 per cent import duty on the same. We fear that the government under the influence of larger players in aluminium production might raise this import duty. Why should there be a duty on scrap in the first place? Such a duty is understandable for finished goods.”He added “Now the larger players are also trying to influence the government to bring in BIS standards for aluminium scrap. Scrap is not an item on which quality standards can be imposed. We are ready if similar standards are applied to the products we make from recycled aluminium. Such steps will eliminate small scrap importers and will benefit larger aluminium producers in the country.”All India Non Ferrous Metal Exim Association comprises of around 500 aluminium scrap recyclers in Gujarat. Gujarat registers import 35,000 to 40,000 tonnes of aluminium scrap every month. The state has 500 aluminium recycling facilities that hold 30% of the total recycled aluminium produced in the country.
Ahmedabad based All India Non Ferrous Metal Exim Association has urged the Union government to remove recently imposed 2.5% import duty and abstain from enforcing Bureau of India Standards quality standards on imported aluminium scrap. ANMA Honorary Secretary Mr Jayant Jain said “The import duty on aluminium scrap in our neighboring countries is nil. Our government has imposed a 2.5 per cent import duty on the same. We fear that the government under the influence of larger players in aluminium production might raise this import duty. Why should there be a duty on scrap in the first place? Such a duty is understandable for finished goods.”He added “Now the larger players are also trying to influence the government to bring in BIS standards for aluminium scrap. Scrap is not an item on which quality standards can be imposed. We are ready if similar standards are applied to the products we make from recycled aluminium. Such steps will eliminate small scrap importers and will benefit larger aluminium producers in the country.”All India Non Ferrous Metal Exim Association comprises of around 500 aluminium scrap recyclers in Gujarat. Gujarat registers import 35,000 to 40,000 tonnes of aluminium scrap every month. The state has 500 aluminium recycling facilities that hold 30% of the total recycled aluminium produced in the country.