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The move is expected to help Indian MRO service providers to invest more in infrastructure and capabilities due to the level playing field with foreign companies.

India slashes GST for aircraft MRO from 18% to 5% to boost local business

16 March 2020 3:34 PM IST

March 16, 2020: The Goods and Services Tax (GST) council has slashed the tax rate on aircraft maintenance, repair and overhaul (MRO) services from 18...