To remove the 18 % GST on startups launching satellites by ISRO rockets is a good decision by the central government. This forced Indian companies to launch their own satellites by using foreign rockets.
Foreign firms have been given the privilege of paying 18% GST if they wanted to launch their satellites using ISRO from India. To avoid the GST Indian companies 
Get the knowledge of GST tax preparation especially for Indian companies and Indian traders. We have covered the topic with 14 major important steps. Read more need to be enrolled as a foreign company. The Indian companies are engaged with the government for 2 years to get compensation levied.
There are several startups who want to launch their rockets and lay it to the solar system by working in foreign countries “Launch service is one of the costliest segments in a satellite mission. This move by the government enables us to launch in a cost-effective manner from Indian soil and deliver highly integrated, lifetime support to clients”
The private sector said that it i’ll provide a much needed boost for the private Indian satellite industry “The latest announcement paves way for future launches from here and offers us a level playing field. However, as up and coming companies, we would prefer to get merit-based government support via grants and seed funding, as is the case in Japan and Finland,”
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The declaration has proved to be an incentive to those companies who were forced to opt for foreign rockets for their initial satellite launch.
“The tax exemption when launching on ISRO rockets is fine, but what about tax exemption when we choose Indian private rockets? Global launch costs (per Kg of payload) have come down and ISRO’s cost is very high in comparison” ‘We have also been contemplating launching from a barge at sea, in order to avoid prohibitive taxes and rules in India,”
