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Budget Effect On Indian Plastic Sector

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Last Updated: 18, May 2021

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Duty on major bulk plastics like PVC, LDPE and PP from 10 per cent to 5 per cent. Simultaneously, the duty on naptha for plastics will be reduced to nil.
Duty on styrene, EDC and VCM which are raw materials for plastics reduced to 2 per cent.

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