Prize money received from horse-race clubs not liable to GST
Last updated: 09 October 2020
Court :
Maharashtra AAR
Brief :
The Hon’ble AAAR, Maharashtra in Re: Vijay Baburao Shirke [Order No. MAH/AAAR/RS-SK/23/2020-21 dated June 4, 2020] set aside AAR order to hold that receipt of prize money from horse-race clubs (in the event horse wins the race) would not be subject to GST.
Citation :
Order No. MAH/AAAR/RS-SK/23/2020-21
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Bimal Jain
Published in GST
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