Quick Summary
According to the information given in Parliament on Tuesday, gross GST revenue collection from BCCI during FY 2022-23 and FY 2023-24 was Rs 2,038.55 crore. The Minister of State for Finance Pankaj Chaudhary said that the BCCI, the apex body supporting cricket promotion in India, is an autonomous bod
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The BCCI paid Rs 2,038.55 crore in gross GST revenue for the financial years 2022-23 and 2023-24.
Services like admission to sporting events, such as the Indian Premier League (IPL), attract GST at a rate of 28%.
Yes, the BCCI is seeking exemption under Section 11 of the Income Tax Act, 1961, which relates to charitable institutions.
No, the Income Tax department has rejected the BCCI's tax exemption under Section 11 of the IT Act, and the matter is currently sub judice in a high court.
No, the minister clarified that the BCCI does not receive any funding from schemes of the Ministry of Sports.
CAclubindia
