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Overview of CBAM: The EU’s Carbon Border Adjustment Mechanism prices embedded carbon in imports to prevent carbon leakage, requiring Indian exporters to align early for compliance, cost control, and trade competitiveness.
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Impact on Indian Exporters: Sectors like steel, aluminium, cement, fertiliser, electricity, and hydrogen face reporting obligations. Early preparation reduces margin risk, ensures buyer preference, and unlocks ESG-linked financing opportunities.
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Reporting Requirements: Exporters must provide product-level Scope 1 & 2 emissions, material Scope 3, facility mapping, and accredited verification. Centralized CBAM reporting tools ensure auditability, traceability, and regulatory alignment.
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Roadmap to Compliance: Steps include exposure mapping, data collection, reporting system implementation, team alignment, financial integration, and monitoring EU guidance. Early readiness strengthens efficiency, buyer trust, brand, and access to capital.
Source: www.taxilla.com
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