https://www.taxtmi.com/news?id=69514 The Budget proposes a basic customs duty exemption for components and parts used in manufacture of civilian, training and other aircraft and for raw materials imported to make parts for defence-sector MRO; introduces incentives to indigenise seaplane manufacturing and a Seaplane VGF Scheme to support operations; and revises international baggage clearance rules to enhance duty-free allowances and clarify temporary carriage of goods. en-us Sun, 01 Feb 2026 17:16:05 +0530 Sun, 01 Feb 2026 17:16:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69514 The Budget proposes a basic customs duty exemption for components and parts used in manufacture of civilian, training and other aircraft and for raw materials imported to make parts for defence-sector MRO; introduces incentives to indigenise seaplane manufacturing and a Seaplane VGF Scheme to support operations; and revises international baggage clearance rules to enhance duty-free allowances and clarify temporary carriage of goods. News - Sun, 01 Feb 2026 17:16:05 +0530 https://www.taxtmi.com/news?id=69514