Higher GST barrier for local MRO industry

Pushed to the brink due to a skewed tax policy, domestic aircraft maintenance, repair and overhaul (MRO) players are aggressively lobbying with the government to create a level playing field for them against their foreign counterparts. Bharat Malkani, president, MRO Association of India (MAOI), told DNA Money that India was losing close to 90% or $1.4 billion (FY18) of MRO business to overseas pla…