GST on Horse racing

Goods and Services Tax – Started By: – Shashi Kumar – Dated:- 25-5-2017 Last Replied Date:- 27-5-2017 – Horse racing has been clubbed with entertainment at 28%. Turf Clubs have a totalizator system which works on pari-mutuel basis where pooling happens from ppl who bet and from the total revenue collected, a commission is taken out and rest is distributed back to the public. For instance, at Bangalore, for every 100 rupee collected, 12 is taken out as commission and the rest 88 is paid back. If

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