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REIMPORTED AIRCRAFT PARTS
Relief to InterGlobe & SpiceJet in IGST row, SC rejects customs' review plea"Having carefully gone through the review petitions, the order(s) under challenge and the papers annexed therewith, we are satisfied that t...- DAP 2026: India's new defence procurement policy aims for indigenous tech sovereigntyIn a bold pivot, India is revolutionizing its defense approach by prioritizing domestic equipment manufacturing. The upcoming Defence Acqui...
- IndiGo parent moves HC against double customs duty on reimported partsInterGlobe Aviation, the parent of IndiGo, has approached the Delhi High Court. The company is seeking a refund of ₹900 crore paid as custo...
- SC seeks response from IndiGo's parent company in Customs IGST disputeThe Supreme Court has sought a response from IndiGo's parent company, InterGlobe Aviation, regarding the customs department's appeal agains...
- Supreme Court relief for IndiGo & SpiceJet: No retrospective IGST on reimported aircraft partsThe Supreme Court provided relief to InterGlobe Aviation and SpiceJet. It dismissed the customs department's appeal. The appeal sought inte...
- Delhi HC strikes down IGST on reimported aircraft parts, relief for airlinesThe Delhi High Court declared the levy of IGST on reimported aircraft engines and parts after overseas repairs unconstitutional. The court ...
- USA's reciprocal tariffs create uncertainties; trade deal may help boost ties: ExpertsUS President Donald Trump's announcement of reciprocal tariffs has created trade uncertainty between India and America. Experts suggest Ind...
- Domestic air fares may rise as airlines claim GST raised cost of operationsThe new levies can wipe off the profits earned by airlines. IndiGo, Jet Airways, SpiceJet — made a profit of Rs 2,479 crore in the year end...
- need2know: Nine macro triggers that market should watch todayNasscom is expecting the IT industry to deliver a strong performance next fiscal on revival in tech spends
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