- On 14 March 2020, several decisions have been taken regarding the Goods and Services Tax (GST) mechanism on particular sections during the 39th GST Council meet in New Delhi led by Union Finance & Corporate Affairs Minister Nirmala Sitharaman.
- GST on Maintenance, Repair and Overhaul (MRO) service in respect to aircraft was reduced to 5%from 18% with full ITC (Input Tax Credit).
- Net cash tax liability is came at after deducting the input tax credits available from gross tax liability. GST on mobile phones and specified parts were increased to 18% from 12%.