02 July 2015
Hi! This has been introduced in the Finance Bill, 2015:
Exemption to service by way of right to admission to,- (i) exhibition of cinematographic film, circus, dance, or theatrical performances including drama or ballet. (ii) recognized sporting events. (Iii) concerts, pageants, award functions, musical performances or sporting events not covered by S. No. ii, where the consideration for such admission is up to Rs. 500 per person.
Following changes in Mega Exemption Notification No. No. 25/2012-ST dated June 20, 2012 made vide Notification No. 6/2015-ST dated March 1, 2015 effective from June 1, 2015
New Exemption: Entry 47: Services by way of right to admission to: a. exhibition of cinematographic film, circus, dance, or theatrical performances including drama or ballet; b. recognized sporting events; c. award functions, concerts, pageants, musical performances or any sporting events other than recognized sporting event, where the consideration for such admission is up to Rs. 500 per person