The Importance of Timely Submission of Annual Returns for EPR

With the EPR annual return submission deadline on June 30, 2024, for FY 2023-24 for PIBOs, rapidly approaching, you know it’s time to prioritise this important requirement!

As a producer, importer, or brand owner, you understand that Extended Producer Responsibility (EPR) is not just a regulatory mandate—it's a crucial responsibility that ensures accountability for the entire lifecycle of your products, including collection, recycling, and disposal.

This makes submitting annual returns non-negotiable, as it proves your commitment to sustainability and responsible business practices.

These reports give the Central Pollution Control Board (CPCB) a glimpse into your company's efforts in collecting, recycling, and disposing of products responsibly. This information is essential for monitoring compliance, assessing the effectiveness of EPR programmes, and driving continuous improvement towards a more sustainable and circular economy.

Now, we get it—annual returns might not be the most exciting task on your to-do list.? But when it comes to EPR, the submission of annual returns is not merely a compliance formality; it's a make-or-break requirement that can significantly impact various aspects of your operations.

Why do timely EPR returns matter?

Operational Continuity

• Avoid Penalties: Late or incomplete annual returns can result in hefty fines.

• Maintain Operations: Authorities can issue cease and desist orders in some extreme cases. Ensure uninterrupted business activities by staying compliant.
• Prevent Registration Cancellation: Missing deadlines can lead to the cancellation of your EPR registration, prohibiting you from carrying out any business activities related to the products covered under EPR regulations.

Stakeholder Trust and Company Stability

• Company Stability: Compliance builds trust among investors, shareholders, members, promoters, and directors, ensuring company stability.
• Partnerships: Maintaining EPR compliance helps preserve and build valuable business relationships.

Market Access and Mitigating Risks

• Market Opportunities: Ensuring compliance facilitates seamless access to markets with stringent EPR requirements and unlocks new growth opportunities.
• Future-proof Your Business: Timely submissions help mitigate risks and prepare your business for evolving regulations.

Tips for timely submission

• Use calendar alerts to keep track of important deadlines.
• Maintain orderly records of all necessary data throughout the year.
• Get your team aligned
• If in doubt, seek guidance from EPR compliance experts.

And make sure those EPR annual returns are submitted on time, every time.

After all, a little preparation now can save you from a world of headaches (and hefty fines) down the line.?

Need Assistance?

We are here to help your organisation deal with the complexities of EPR compliance.

Recykal EPR Loop offers a trusted partnership to guide your organisation towards seamless EPR compliance. Leverage our expertise and join the numerous businesses like HUL, Amul (GCMMF) , 可口可乐公司 , etc. that are already benefiting from our comprehensive EPR solutions.

• Expert Guidance
• Simplified Process
• Reliable Support

To learn more about how Recykal EPR Loop can help your organisation ensure compliance with the latest CPCB guidelines, visit our website (https://recykal.com/epr-loop/) or reach out to our team of experts at [+779 999 6255].

Stay compliant, stay ahead of the game.