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CBIC exempts foreign airlines from GST for service imports from offshore branches in India

CBIC exempts foreign airlines from GST for service imports from offshore branches in India

The Central Board of Indirect Taxes and Customs (CBIC) has notified that foreign airline companies in India would be exempt from paying GST (Goods and Services Tax) on services imported from their offshore branches. The

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Centre implements uniform 5% tax on all aircraft, engine parts for MRO boost

Centre implements uniform 5% tax on all aircraft, engine parts for MRO boost

The government has introduced a new 5% uniform Integrated Goods and Services Tax (IGST) rate on all aircraft and aircraft engine parts to stimulate the industry. According to an official statement, this decision, which is

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