Missiles, drones among 18 defence imports exempted from customs duty

The Indian government has waived customs duties on 18 defence-related imports, including missiles, military aircraft, and artillery components, to bolster defence modernization. This exemption, coupled with the elimination of integrated goods and services tax (IGST), aims to reduce costs and support domestic defence capabilities.

from News-Economic Times https://ift.tt/OGp7iyZ
via IFTTT

Comments

Post a Comment

Popular posts from this blog

British PM Keir Starmer attempts post-Brexit reset with Europe visits

British Prime Minister Keir Starmer is in Germany and will visit France to focus on post-Brexit relationships. He met German Chancellor Olaf Scholz to discuss a new bilateral treaty aimed at boosting trade, defense cooperation, and tackling illegal migration. Starmer aims to rebuild vital European relationships for economic growth and joint action on pressing issues. from News-Economic Times https://ift.tt/9DARoXP via IFTTT
Read more