Rahul Mehta Gandhinagar LsCandidate

KPTS (KPTS = Kalkipurush Tritaya Sri) Modiji has started using "discretionary" powers to change GST rates !!
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In past, PMs used their discretionary powers to change excise rates to generate bribes. This was supposed to end with GST !! But we again see PM using his discretionary powers (via FinMin as before) to change GST rates !!
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GST on aircraft leasing was 5%. Now it is 0% !!!
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http://www.thehindubusinessline.com/economy/logistics/no-gst-on-import-of-aircraft-its-parts-on-lease/article9756509.ece
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Imports of aircraft, spares get relief from GST levy

NEW DELHI, JULY 9:
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In what is seen as a breather for the local airline industry, the Finance Ministry has exempted aircraft imported on lease from the 5 per cent Goods and Service Tax (GST) levy.

Under the recently introduced GST regime, aircraft imported on lease basis attracted integrated GST (iGST) of 5 per cent. However, based on representation from the Civil Aviation Ministry, the Revenue Department has now pegged the iGST levy as ‘nil’, official sources said.
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