Module: General Practice
Q22: A domestic airline company imports raw materials to manufacture aircraft parts for its in-house Maintenance, Repair, and Overhaul (MRO) unit. Following the Budget 2026-27, how will this import be treated by Customs?
✅ Correct Answer: B
The import will be exempt from Basic Customs Duty.
The Union Budget 2026-27 announced a full waiver of duties on inputs for the manufacture of aircraft parts used in MRO activities.
The objective is to make India a global hub for MRO services and reduce the outflow of foreign exchange for repairs.
The Union Budget 2026-27 announced a full waiver of duties on inputs for the manufacture of aircraft parts used in MRO activities.
The objective is to make India a global hub for MRO services and reduce the outflow of foreign exchange for repairs.