New Delhi [India], Sept 21 (ANI): Defence Secretary">Defence Secretary Ajay Kumar on Saturday said the decision to exempt GST on imported defence items up to 2024 will greatly benefit defence preparedness in the country.
The exemption on GST on imported defence items will be extended up to only 2024, the Finance Minister announced yesterday.
She had stated this while addressing a press conference in Panaji, Goa after the 37th GST Council meeting.
The exemption of GST will help the defence forces to save funds due to the facility and they can utilise the money for other acquisition projects. (ANI)