Category Archives: News

Govt. withdraws duty exemptions in defence production for DPSUs and OFBs

To put the Indian Private Sector and Defence Public sector units (DPSUs) at par, the Government of India has issued a notification to withdraw the excise and customs duty exemptions enjoyed by the Ordnance Factory Board (OFB) and Defence Public Sector Units (DPSUs) in defence sector. The initiative will attract the foreign OEMs to tie…
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