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GST free of weapons and military aircraft, Indian Army benefits big from tax deduction

Important decisions have been taken in the meeting of the GST Council chaired by Union Finance Minister Nirmala Sitharaman regarding the army. A large number of weapons, military aircraft and Guddes and Services Tax (GST) on military equipment have completely abolished. Also, the GST on the drone has also been reduced from 28 percent to just 5 percent.

The weapons on which the earlier 18 percent GST was, has now been completely abolished. These include- Military Transport Aircraft-C-130 (aircraft taken from the US) and C-295 medium weight aircraft (Airbus and Tata Company are being made together in Badodara).

GST ends on missiles launched from ship
Remotley pilot aircraft (RPA), which is used by military, has also been completely abolished. Apart from this, GST has also been removed from Ship -launched missiles, flight motion simulator, underwater vessel, fighter jet’s ejection seat (pilot comes out of a safe fighter aircraft through this seat during the emergency).

Modi government ends GST on military equipment
The Modi government has also removed GST charge from military equipment such as 100 mm caliber rockets, deep submissives rescue vessels (defendant in the event of submarine crashed), cannon and rifle spare parts, testing equipment.

5 percent GST on these military equipment
Apart from this, only 5 percent GST has been charged on software-powered radio communication devices, earlier 18-28 percent GST. Also, let us know that 5 percent GST has been imposed on walkie-talkie tanks and armored vehicles from 12 percent now.

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