GST Amendment: Exemption for FIFA U-17 World Cup 2017 Events
Government amends GST notification to exempt services related to FIFA U-17 World Cup 2017 events.
New entry, serial number 82, added to notification No.12/2017 - Central Tax (Rate).
Services by way of right to admission to the FIFA U-17 World Cup events now attract nil GST.
This exemption aims to promote sports and facilitate participation in the prestigious football tournament.
Notification comes in response to recommendations from the Council.
The move aligns with government efforts to support sporting events and encourage youth participation.
Amendment reflects the evolving landscape of GST regulations to address specific industry needs.