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GST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircrafts notified at 5%

March 26, 2020
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CBIC has notified GST rate of 5% on maintenance, repair or overhaul services in respect of aircrafts, aircraft engines and other aircraft components or parts. Input tax credit shall be available on inward supplies. The said rate of 5% will be effective from April, 2020.
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