gst on sports events
In India, the Goods and Services Tax (GST) applies to sports events, including local products and services. For example, tickets for cricket matches or football games are taxed under GST. Organizers must collect GST from attendees and remit it to the government. This tax helps fund public services and infrastructure.Additionally, local products like sports equipment sold at events, such as cricket bats made in Meerut or jerseys from local manufacturers, are subject to GST. The rate varies based on the product type, ensuring compliance with Indian tax laws.
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