The proposals in the Union Budget 2015-16 pertaining to the Plastic Industry as per a release by Organisation of Plastics Processors of India are:
* Basic Customs Duty on ethylene dichloride (EDC), vinyl chloride monomer (VCM) and styrene monomer (SM) is being reduced from 2.5% to 2%.
* Basic Customs Duty on butyl acrylate is being reduced from 7.5% to 5%.
* Special Additional Duty on naphtha, ethylene dichloride (EDC), vinyl chloride monomer (VCM) and styrene monomer (SM) for manufacture of excisable goods is being reduced from 4% to 2%.
* Excise duty on sacks and bags of polymers of ethylene, other than for industrial use, is being increased to 15%
03-Mar-15 
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