Start-ups welcome Centre's decision to scrap 18% GST on satellite launches from India
Shortpedia
Content TeamImage Credit: shortpedia
Indian start-ups in the space sector have welcomed the government’s latest announcement to scrap the 18% GST that is levied on firms launching Indian satellites using ISRO rockets. This levy of GST on Indian firms had been forcing Indian satellite-builders to launch their satellites from foreign soil using foreign rockets.