MoneyWorks4Me

GG Engineering to commence manufacturing of plastic bottle crushing machines

24 Apr 2018 Evaluate

GG Engineering is going to commence manufacturing of plastic bottle crushing machines known as Reverse Vending Machine (RVM) for empty plastic bottles and aluminium can. HSN code of the Automatic Reverse Vending Machine (RVM) is 84792900 at 18% GST and other than Automatic Reverse Vending Machine (RVM) is 84186930 at 28% GST.

The above machines are used to crush PET bottles. After crushing, these bottles will be recycled and used to manufacture various products, such as yarn etc.

GG Engineering manufactures electric power generators. The company develops diesel generators and engines for power management.

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Company Name CMP
Waaree Energies 2627.50
Apar Industries 17496.15
Havells India 1114.80
Suzlon Energy 44.16
Siemens 3960.90
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