Govt implements uniform 5% tax for all aircraft, airplane engine parts

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Govt implements uniform 5% tax for all aircraft, airplane engine parts - Business Standard

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Govt implements uniform 5% tax for all aircraft, airplane engine parts"This new policy eliminates...

The uniform rate, effective from Monday itself, was recommended by India's Goods and Services Tax (GST) Council in June and will apply to imports of "parts, components, testing equipment, tools and tool-kits of aircrafts".