Customs Duty Waiver Boosts Defence Aircraft MRO Capabilities
Union Finance Minister Nirmala Sitharaman proposed exempting basic customs duty on raw materials imported for manufacturing aircraft parts used in defence sector maintenance, repair, and overhaul (MRO) during her Union Budget 2026 presentation. Strengthening Domestic Defence MRO Ecosystem The exemption covers specialized alloys, composites, and components essential for fighter jets,
