New Delhi, March 23 -- Referring to last year's GST rate rationalisation on waste management services, biodegradable products and green transportation, Ministry of Environment on Monday said that the move would accelerate India's green transition.
The Ministry noted that the indirect tax reforms are designed to accelerate the adoption of eco-friendly manufacturing, strengthen waste treatment infrastructure and promote sustainable mobility solutions.
"Aligned with national initiatives like 'Viksit Bharat 2047' and the LiFE (Lifestyle for Environment) movement, these changes support India's Net Zero 2070 ambition and fulfil commitments under the Paris Agreement," the Ministry said in a release.
The all-powerful GST Council had earlier re...
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