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HomeGST NEWSGST council exempts satellite launches by Isro, Antrix from 18% GST

GST council exempts satellite launches by Isro, Antrix from 18% GST

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The Council has exempted GST at the rate of 18% on satellite launch services offered by the ISRO, Antrix Corporation Ltd and NSIL. Finance Secretary Ajay Bhushan Pande said that this step has been taken to promote the encourage start-ups making satellites to use domestic launching services. There is a doubt whether this relief would extend to private launch companies or not.

https://www.business-standard.com/article/economy-policy/gst-council-exempts-satellite-launches-by-isro-antrix-from-18-gst-120100501397_1.html

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