IPL 2019: 3.25 Crore GST for IPL Complimentary Tickets

IPL 2019: 3.25 Crore GST for IPL Complimentary Tickets

Jaipur. Rajasthan Revenue Intelligence Directorate (SDRI) has stolen a stolen GST tax of approximately 3.25 crore in the 7-match honors given in the Indian Premier League (IPL) 2018 Rajasthan. An official said that tax evasion has been stolen in the sale of tickets worth Rs 11.62 crore.


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He said that SDR has completed its inquiry in this regard and sent a report to the Commercial Tax Department and recommended the GST and penalty and interest amount at the rate of 28 percent on the complimentary tickets issued by the amount of Rs 11.62 crore. is. Overall, this amount is Rs. 7 crores. These matches were held from 11 April to 19 May 2018 at the Sawai Mansingh Stadium in Jaipur.


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SRIRI had received the information some time ago that the organizers of the IPL match Royal Multi Sportspers Pilli organized 7 matches by the franchise company Rajasthan Royals. During this period, a total of 65,207 complimentary ('complimentary') tickets worth Rs 11.62 crore were released.


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In the case of the investigation of the documents submitted by Royal Multi Sports, the commercial tax branch of SDR found that the total amount of 11.62 crore distributed by the tax on 28% tax rate, on the complimentary tickets, is not paid to GST by concealing the liability of GST was done.


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Simultaneously, SDRI has recommended the status of GST liability on the auction of players in the IPL from the Commercial Tax Department.


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IPL 2019: 3.25 Crore GST for IPL Complimentary Tickets