India Inc voices concern over carbon tax
Indian industry from sectors like steel has flagged its serious concerns over the burdensome work of data reporting requirement to comply with the European Union’s carbon tax decision and has urged the government to take up the matter with the EU, an official said.
By : Bizz Buzz
Update:2023-09-08 10:08 IST
India Inc voices concern over carbon tax
New Delhi: Indian industry from sectors like steel has flagged its serious concerns over the burdensome work of data reporting requirement to comply with the European Union’s carbon tax decision and has urged the government to take up the matter with the EU, an official said.
The issue was flagged in a meeting called by the Commerce Ministry on September 6. The government and industry held discussions on implementation issues regarding the European Union’s move to impose carbon tax or carbon border adjustment mechanism (CBAM).