GST Amendments Focus on Sports Events: What You Need to Know

Expansion of Eligibility (Chapter 99): Amendment in serial number 1 allows inclusion of "12AB" after "12AA" in column (3), broadening the scope of eligible services. Serial number 10AA gets a modification, now covering rescheduled events hosted in India.

Special Provisions for AFC Women's Asia Cup 2022: Introduction of serial number 10AB exempts services related to AFC Women's Asia Cup 2022 from GST, subject to certification by the Director (Sports), Ministry of Youth Affairs and Sports.

Timeline Adjustments: Serial numbers 20A and 20B witness a change from "2021" to "2022" in column (5), aligning timelines with the current year.

Omission of Serial Number 45: Serial number 45 and its entries are omitted, indicating a shift in the GST landscape for the specified services.

National Permit Services Included (Serial Number 64A): Introduction of serial number 64A provides a Nil GST rate for services granting National Permit to a goods carriage to operate throughout India/contiguous States.

Percentage Criteria for Serial Number 75: Serial number 75 now specifies that the exemption applies to events for which 75% or more of the admission is for educational purposes.

Admission to AFC Women's Asia Cup 2022 (Serial Number 85B): The addition of serial number 85B grants a Nil GST rate for services providing the right to admission to events organized under AFC Women's Asia Cup 2022.

Effective Date: The amendments, effective from October 1, 2021, align with the government's efforts to encourage and facilitate sports events.

These changes, made under the powers conferred by the IGST Act, 2017, aim to streamline tax provisions related to sports events and services.