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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New SEZ Policy for Recycling Plastic Waste: Compliance with Environmental Laws, Import Rules, and Export Obligations by Year Five.</h1> The circular outlines the policy for Special Economic Zone (SEZ) units engaged in recycling plastic scrap or waste. It mandates compliance with SEZ Act objectives, including economic activity, export promotion, and investment. Units must adhere to specific import conditions, ensuring only approved plastic waste types are processed. Documentation and verification procedures are established to prevent toxic contamination. Compliance with environmental laws is required, and units must meet export obligations, achieving 100% export turnover by the fifth year. The policy supersedes previous instructions and mandates strict adherence to legal and environmental regulations, with potential penalties for non-compliance.
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