Page 7 - Plastics News July 2017
P. 7
THE PRESIDENT
THE PRESIDENT SAYS SAYS
One Nation One Tax
Dear Members,
As GST implementation started from 1st July 2017, India becomes one unified common market
bringing tough but genuine competition amongst manufacturing Sector and importers.AIPMA
welcomes GST and compliments the Government’s Commitment for implementation of GST
on time.
Plastic industry did suffer some problems with the GST implementation. Plastic raw materials
used as inputs to processing ought to have been kept at Standard tariff of 12%, to ensure
economics as well as ease of sourcing for the local processing units.
We thank various ministers, departments and the Various State as well Central Government team
for giving us a patient hearing during our numerous rounds of meeting with them requesting
them to reduce GST rates on few items falling under HSN Codes 3915, 3923, 3924, 3826, 8536
and 8477. A rational tariff rate would act as an incentive for the industry resulting into growth,
creation of employment and export hub. This will also reduce burden on common man as most HAREN SANGHAVI
items falling under these HSN are used by common man on day to day basis.
The Plastics Waste Recycling Sector is the worst hit by the GST as Waste coming from Solid
Waste Management was always Tax Free and with the income of GST this will now be charged
at 18%. Under Swachh Bharat Yojana it is our earnest request to the Honourable Prime Minister
Shri Narendra Modi and Honourable Finance Minister Shri ArunJaitley to allow Plastic Waste
(HSN: 3915) and Equipment (HSN:8477) needed to collect and recycle Waste to be kept under
exemption or the lowest GST category.
AIPMA had an opportunity to meet and Welcome our newly appointed DCPC Secretary Mr. Rajeev
Kapoor and DCPC Joint Secretary MrsAparna S. Sharma, wherein weappraisedthem on all the
Plastic Industry related issues. They were so warm and kind to hear all our issues patiently
with a supportive thought towards the industry.
Plastivision Exhibitions organized by AIPMA has always been, globally visible and most sought-
after Plastics Trade fair in the world. I am extremely delighted to inform that 4th edition
of PLASTIVISION ARABIA -2017 is scheduledto be held from 11th – 14thDecember 2017 at
Sharjah Expo Centre, UAE; thus honouring the great demand of National and International
Plastics Fraternity.
The stage for the 4th Plastivision Arabia 2017 is already set and we are all geared up for
this international event.We pledge to bring to you, vibrant business gateways and seek your
vital co-operation and a great support to accomplish the high standards. Come participate as
Exhibitors and Visitors at this Grand Event.
I take this opportunity to request all to join hands with AIPMA strengthen our efficacy to serve
the Industry and get connected to entire orbit of plastic Industry of India and world.
We will keep Positive Attitude, Perform to Serve & Focus on growth of Plastic industry.
Let’s catch up then...
Haren Sanghavi
president@aipma.net
7 July 2017 | Plastics News