Mvat
Shobhit Saxena
(Querist) 14 October 2014
This query is : Resolved
Hello Friends,
As you would be aware, in the Maharashtra Budget 2014-15, the Maharashtra Government proposed to exempt VAT on aircraft spares parts to provide a fillip to the MRO industry vide Notification no. VAT 1514/CR 46/Taxation 1, dated 11 July 2014.
So my question is what all aircrafts are included in it.?
Does it also include military aircraft ?
T. Kalaiselvan, Advocate
(Expert) 18 October 2014
Absolutely a commercial/academic query, if you are so much interested in knowing the details, visit the cited reference again and get the details yourself.