February 26, 2025

Iron, steel scrap importers: FBR withdraws EFS facility

The FBR has issued an SRO 204(I)/2025 to introduce draft amendments in the Customs Rules, 2001, on Tuesday. A tax expert opined that by excluding iron and steel scrap from EFS. The importers of compressors and motors will now have to pay all taxes at import stage, such as customs, sales tax, and income tax. […]

Tata Steel’s MD Advocates for Safeguarding Duties.

Tata Steel’s managing director, TV Narendran, advocated the implementation of safeguard duties on imported steel aimed at protecting India’s steel sector from the impacts of tariff increases imposed by the US. ” It’s not that India is exporting a lot of steel to the US, but the steel which used to end up in US […]

University of Warwick Unveils Reversible Adhesive Technology for Sustainable Fashion

Researchers at the University of Warwick, in cooperation with clothing automation pioneer CreateMe Technologies, have created a groundbreaking thermoreversible adhesive technique that has the potential to alter the fashion industry. The outcome of three years of rigorous study and supported by 19 patents, it promises to greatly increase the scalability of textile recycling, lowering waste […]

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