Donating and recycling your e waste with Hulladek can help a company in its corporate social responsibility initiatives. Here’s how:
1. When you donate your e waste to Hulladek Recycling, you are technically writing those items off as scrap disposal in your books. Thus, you will be charged no tax on them.
2. CSR activities can be of various types. In our case, when you donate your e waste to us, the total book value of the electronic assets collected from you get directly converted to be your contribution towards CSR as an environment friendly activity, in compliance with Companies Act 2013. This value is then adjusted in your total CSR target value.
3. Over and above that, any other payment made towards Hulldek Recycling which supports its efforts in e waste management as a business can and will also be held as expenses made towards CSR.