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Tag: India Aircraft tax

Government Implements Uniform 5% Tax For All Aircraft, Engine Parts

Posted on July 15, 2024 By admin
Government Implements Uniform 5% Tax For All Aircraft, Engine Parts

Indian MRO industry is projected to become a $4 billion industry, Mr Naidu said. (Representational) New Delhi: Union Civil Aviation Minister Kinjrapu Rammohan Naidu has announced the implementation of a uniform IGST rate of 5 per cent on all aircraft and aircraft engine parts, effective from Monday. The decision marks a significant milestone for making…

Read More “Government Implements Uniform 5% Tax For All Aircraft, Engine Parts” »

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