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HomeNotificationIGST Exemption Extended On Equipment Meant For Manufacture Of LRSAM System: CBIC 

IGST Exemption Extended On Equipment Meant For Manufacture Of LRSAM System: CBIC 

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By Mariya Paliwala
IGST Exemption Extended On Equipment Meant For Manufacture Of LRSAM System: CBIC

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The Central Board of Indirect Taxes and Customs (CBIC) on the recommendation of the 55th GST Council Meet has notified the extension of IGST exemption on equipment meant for manufacture of Long Range Surface to Air Missile System (LRSAM) systems.

The council has recommended extending IGST exemption to systems, sub-systems, equipment, parts, sub-parts, tools, test equipment, software meant assembly/manufacture of LRSAM system under Notification 19/2019-Customs.

Read More: CBIC Lays Down These Conditions For Availing IGST Exemption On Imports Of All Equipment And Consumable Samples By Inspection Team Of IAEA

Notification Details

Notification No. 02/2025- Customs (Rate)

Date: 16/01/2025

Click Here To Read Notification
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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