New Delhi [India], Sept 21 (ANI): 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)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)













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