Defence Minister May Take Up With Finance Minister Levy Of GST On Private Defence Firms’ R&D Grants

Defence Minister Rajnath Singh is poised to raise with Finance Minister Nirmala Sitharaman the contentious issue of the 18% Central Goods and Services Tax (GST) imposed on grants awarded to private companies—including MSMEs and start-ups—for military research and development (R&D). This matter has gained urgency following a series of GST notices sent to private sector innovators who
Defence Minister Rajnath Singh is poised to raise with Finance Minister Nirmala Sitharaman the contentious issue of the 18% Central Goods and Services Tax (GST) imposed on grants awarded to private companies—including MSMEs and start-ups—for military research and development (R&D). This matter has gained urgency following a series of GST notices sent to private sector innovators who
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