Wednesday, October 16, 2019

Prize Money from Horse Race attracts 18% GST: AAR

The Maharashtra Authority of Advance Ruling ( AAR ) has ruled that, receipt of prize money from horse race conducting entities, in the event horse owned by the applicant wins the race, would amount to ‘supply under section 7 of the Central Goods and Service Tax Act, 2017. The horses owned by the applicant Shri […]

The post Prize Money from Horse Race attracts 18% GST: AAR appeared first on Taxscan | Simplifying Tax Laws.



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