India Considers Scrapping 25% Import Duty on Business Jets to Boost Aviation Sector By Riley Quinn Senior Travel Editor August 19, 2024 1 min read An airplane is flying through the cloudy sky, Bombardier Global 6000 taking off at Geneva airport In this issue Business Jet Industry Welcomes Proposal to Eliminate Import Duty Domestic Air Travel Market in India Expected to Reach $30 Billion by 2024 Airport Privatization Attracts Investments to Indian Aviation Uniform 5% GST on Aircraft Parts Aims to Simplify Tax Structure MRO Industry in India Projected to Grow at 6% CAGR Business Jet Industry Welcomes Proposal to Eliminate Import Duty Domestic Air Travel Market in India Expected to Reach $30 Billion by 2024 Airport Privatization Attracts Investments to Indian Aviation Uniform 5% GST on Aircraft Parts Aims to Simplify Tax Structure MRO Industry in India Projected to Grow at 6% CAGR