HAL produced 80 AVROs with seating capacity of 36 passengers

HAL produced 80 AVROs – Hindustan Aeronautics Limited (HAL) has created 80 AVRO (HS 748) with seating limit of 36 travelers for worker activities, as per the flying service.

An inquiry was brought up in setting to the “Peoduction of Aircraft” which was replied by Minister of Civil Aviation, Jyotiraditya Scindia in the Lok Sabha on December 9, 2021.

Production of 19-seater Hindustan 228-201 airplanes for territorial air availability has been attempted as of recently. The Council of Scientific and Industrial Research (CSIR) has designed a test variant of SARAS, a 14-seater regular citizen airplane, Scindia expressed.

On being gotten some information about the Working Group, he expressed, “the public authority had set up a Working Group and the report was submitted in January 2019.”

For the arrangement of a Special Purpose Vehicle for the Regional Transport Aircraft, he answered that the public authority has not yet framed the Special Purpose Vehicle for the Regional Transport Aircraft.

Different measures attempted by the public authority as referenced by Scindia :

The International Financial Services Center’s Authority (IFSCA) was set up on April 27, 2020 under the IFSCA Act, 2019 at GIFT City, Gandhinagar in Gujarat.

Gujarat government absolved the Stamp Duty on exchanges identified with airplane financing and renting did from IFSC at GIFT City Special Economic Zone (SEZ).

Presentation of new duty system on April 1, 2020 making Minimum Alternate Tax (MAT) irrelevant for local organizations. MAT arrangements would not be material on units in the IFSC.

Exclusion gave from corporate expense to a square time of 10 years inside the initial 15 years for renting units.

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