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Foreign airlines operating in India will not be liable to goods and services tax (GST) on services provided by the head office to a branch office, according to a government notification.
Academic institutions that have received grants for research will also be exempt from GST, as per another notification.
Read more at: The Economic Times
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The recent proposal by the Group of Ministers (GoM) on Rate Rationalisation to change GST rates for the apparel sector has led to concerns in the textile and apparel industry on the impact of the proposed changes on jobs and MSMEs.
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