GST Overhaul Spurs India’s Defence Makeover: Tax Cuts Fuel Growth, Localisation, And Exports

India’s defence ecosystem is undergoing a profound transformation following the Goods and Services Tax (GST) Council’s decision to restructure taxation for high-value defence platforms and manufacturing inputs.The overhaul significantly reduces or eliminates GST on segments such as missiles, unmanned aerial vehicles, military aircraft, armoured vehicles, electronic and communication equipment,
India’s defence ecosystem is undergoing a profound transformation following the Goods and Services Tax (GST) Council’s decision to restructure taxation for high-value defence platforms and manufacturing inputs.The overhaul significantly reduces or eliminates GST on segments such as missiles, unmanned aerial vehicles, military aircraft, armoured vehicles, electronic and communication equipment,
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