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Tag: Aircraft Engine Spares

GST in Media

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

byAdmin16/07/202416/07/2024

India will tax all imports of aircraft components and aircraft engine parts at 5%, the civil aviation minister said on Monday, unifying the tax rate which earlier varied between 5% and 28%.

GST Article

Customs exemption on import of Aircraft Engine Spares upheld by CESTAT

byVikash Agarwal31/05/202431/05/2024

CESTAT rejected the contentions of the customs department that the exemption only applies to the goods that need to be repaired themselves, not to the goods that are used for repairing other goods

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