Customs, GST relief to give Rs 60,000-cr boost to defence

NEW DELHI: India’s  defence budget will be augmented by more than Rs 60,000 crore over the next five years owing to exemptions from customs duty and goods and services tax ( GST ) that kicked in on October 1, said people aware of the matter. They said estimates by the Rajnath Singh-led defence ministry show that the twin exemptions will significantly impact its budget and free up resources fo…