Customs Act change may delay modernisation of Mirage, Jaguar, other fighter planes

The Indian Air Force has asked the Defence Ministry to find a way out in the wake of a recent amendment in the Customs Act removing blanket duty exemption for defence goods, a move that may delay modernisation and maintenance programmes of fighter planes like Mirage and Jaguar. Under the new rules, which came into effect from April 1, customs duty exemption has been given to specific projects, all of which are in production in the country.

See the full article at financialexpress.com