Govt. Reduces GST To 5% On Domestic Maintenance, Repair and Overhaul Services In Aviation Industry
Mariya Paliwala
15 March 2022 8:09 PM IST
The Ministry of Civil Aviation has notified the reduction in Goods and Service Tax (GST) from 18% to 5% on Domestic Maintenance, Repair, and Overhaul Services. The press release stated that the average number of passengers carried in the pre-COVID financial year (2019–20) was around 4 lakh per day. On March 6, 2022, domestic airlines in India carried around 3.7...
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