https://www.taxtmi.com/notifications?id=136465 Amendment to Policy Condition No.1 of Chapter 88, ITC (HS) 2017 adds Aircraft Leasing Entities located in an International Financial Services Centre (IFSC) to the list of persons/entities permitted to import aircraft and helicopters without an import licence, and replaces prior ministry permission with a civil aviation regulator NOC for imports undertaken for scheduled, commuter, non scheduled air transport or aerial work operations, with the stated aim of reducing transaction costs and easing procedures. en-us Tue, 31 Aug 2021 00:00:00 +0530 Wed, 01 Sep 2021 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=136465 Amendment to Policy Condition No.1 of Chapter 88, ITC (HS) 2017 adds Aircraft Leasing Entities located in an International Financial Services Centre (IFSC) to the list of persons/entities permitted to import aircraft and helicopters without an import licence, and replaces prior ministry permission with a civil aviation regulator NOC for imports undertaken for scheduled, commuter, non scheduled air transport or aerial work operations, with the stated aim of reducing transaction costs and easing procedures. Notifications DGFT Tue, 31 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=136465