According to the information given in Parliament on Tuesday, gross GST revenue collection from BCCI during FY 2022-23 and FY 2023-24 was Rs 2,038.55 crore. The Minister of State for Finance Pankaj Chaudhary said that the BCCI, the apex body supporting cricket promotion in India, is an autonomous body registered under the Tamil Nadu Societies Registration Act, 1975. For instance, he said, services like admission to sporting events such as the Indian Premier League are attracting GST at 28%.
For 2022-23 and 2023-24, the gross GST revenue collection from BCCI was Rs 2038.55 crore in two financial years. He also said that the Income Tax department has rejected BCCI's tax exemption under Section 11 of the IT Act and "it is pending in a high court". It is Section 11 of the IT Act which relates to charitable institutions.
The BCCI is seeking exemption under Section 11 of the Income Tax Act, 1961 but this exemption has been disallowed during assessment proceedings against income tax filed by it. This matter regarding tax exemption of BCCI is sub judice, and there no direct proposal at this stage with respect to withdrawal. BCCI does not take a penny from any scheme of the Ministry of Sports, he clarified. The minister said that the central tax formations in Gujarat booked 13,494 cases of GST evasion during July 2017 and June 2024 involving Rs 52,394 crore under separate question to this.
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