Tuesday, June 13, 2017

GST for racing will be revised ?

Telangana government send the revision request proposal to GST council to reduce the tax on horseracing from 28%to 18%.

Hope Karnataka Gov and Maha Gov make similar efforts

Karnataka Gov has strong case as they stand to lose more than 1k crore in direct taxes if proposed 28% GST is enforced

There is still hope that GST for racing may be revised

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