New Delhi, Sep 9
The next-generation GST reforms announced by the PM Narendra Modi government will support the growth of India’s rapidly growing drone ecosystem, Civil Aviation Minister Ram Mohan Naidu said on Tuesday.
Earlier, the GST rate was 18 per cent for drones with integrated cameras and 28 per cent for drones classified for personal use. Under the new reforms, a uniform GST of 5 per cent has been introduced for all drones, regardless of whether the camera is integrated or separate and irrespective of whether they are used for commercial or personal purposes. This reform aligns with the government's vision to foster a robust, safe and internationally competitive drone ecosystem, the minister said.
With the revised rates and exemptions, GST has become more growth-oriented for aviation and emerging technologies like UAVs. This landmark step recognises drones as both an economic opportunity and a strategic necessity for India. The sunrise sector of drones will benefit significantly with the simplified regime, the minister added.