Exemptions for foreign airlines, rate reductions, and new Groups of Ministers formed
The GST Council has exempted foreign airlines from import service taxes and approved flight training courses. It reduced GST on certain cancer drugs, helicopter rides, and savoury snacks. Two groups of ministers will examine GST on insurance premiums and compensation cess. Educational institutions won't pay GST on research grants.
The Goods and Services Tax (GST) Council exempted the import of services by foreign airline companies from related persons or any of their establishments outside India as well as approved flight training courses. It reduced GST rates on certain cancer drugs and helicopter rides barring charters as well as namkeens or savoury snacks.
