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GST - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Levy of GST - Supply or not - receipt of prize money from horse ...


Prize Money from Horse Races Deemed Supply of Services, Subject to GST Regulations.

October 15, 2019

Case Laws     GST     AAR

Levy of GST - Supply or not - receipt of prize money from horse race conducting entities - The applicant never passes the ownership of horses to the race organizer. Therefore, participation of horses for the purpose of events organized by the clubs is a supply of services to the event organizer.

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