Tuesday, October 15, 2019
News

Defence Secretary lauds Centre over exemption of GST on specified defence goods

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | September 21, 2019 9:41:29 AM IST
Defence Secretary Ajay Kumar said that the GST Council's decision to exempt GST on specified defence goods not being manufactured indigenously (up to 2024) will greatly benefit defence preparedness.

"Exemption of Goods and Services Tax on specified defence goods not manufactured in India will greatly benefit defence preparedness," Kumar said.

Finance Minister Nirmala Sitharaman on Friday announced that GST and I-GST will be exempted for imports of specified defence goods not being manufactured indigenously. "This is being extended upto only 2024," she said.

She said this while addressing a press conference in Panaji, Goa after the 37th GST Council meeting. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
US Navy submarine support ship arrives i...
Most arrested IS sympathisers inspired b...
A very big day for us, says Abhijit Bane...
Intense questioning in Kerala family ser...
5 Punjab cops in jail for militancy-era ...
Delhi police special team arrest crimina...
More...    
 
 Top Stories
Friends turning foes at KCA has bec... 
HFCL launches next-gen WiFi product... 
Four hockey players killed in tragi... 
Odisha govt announces infra support... 
Zimbabwe reinstated as ICC full mem... 
SC to hear CBI plea against Delhi H... 
Indian-origin prof shares Economics... 
Margaret Atwood, Bernardine Evarist...