Amidst the Sikkim flash flood, the Goods and Services Tax (GST) Council, during its Saturday meeting, is likely to waive Customs duty and integrated GST on the import of high-tech instruments used to set up an early warning system in the state, aimed at mitigating the risk of future disasters.
The exemption will be valid for imports made until February 2024, according to a source familiar with the matter. This decision follows a request from the Ministry of Home Affairs’ Disaster Management Division for an ad hoc exemption regarding the import of instruments required for implementing a pilot project on Glacial