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India implements 5% IGST on aircraft parts, aims for global aviation hub status

India implements 5% IGST on aircraft parts, aims for global aviation hub status

Jul 16, 2024, at 06:21 am

New Delhi/IBNS: Union Civil Aviation Minister Kinjrapu Rammohan Naidu has announced the implementation of a uniform IGST rate of 5 percent on all aircraft and aircraft engine parts, effective from Monday.