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There are three key points we need to focus on keeping Paris Convention in view.1. Can we add a Green Rating tag with all the produces along with GST
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By
Rakesh Prasad 3
There are three key points we need to focus on keeping Paris Convention in view.
1. Can we add a Green Rating tag with all the produces along with GST calculations, so consumers are aware of the carbon foot-print we need to offset, and if the product is worth the sustainability cost. This will nudge our Imports and Production towards more sustainable practices. This can include the input, production and transportation cost too, nudging towards more Local Products.
2. Can we base our sales taxes on the warranty provided by producer. The point is if there is a longer warranty by producer leading to better quality products, the offset time would be more.
3. The disposal best practices associated with product categories, can leverage on ASICC and NIC codes for industrial Input and Output.