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The centre has reduced GST rate for domestic MRO services to how much?
A)
3 percent
B)
5 percent
C)
10 percent
D)
12 percent

Correct Answer : Option (B) - 5 percent


The centre has reduced the Goods and Services Tax (GST) rate for domestic Maintenance, Repair and Overhaul (MRO) services from 18 percent to 5 percent. The move has been taken to meet the increasing demand of the aviation sector. 

Published On : March 14, 2022
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