GST on Horse racing
Query (Issue) Started By: – Shashi Kumar Dated:- 25-5-2017 Last Reply Date:- 27-5-2017 Goods and Services Tax – GST
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GST
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
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