City Reports

Jaipur: GST evasion of Rs 11.62 crore on IPL tickets

The officials found out after investigating the documents and papers that the company did not pay the GST which is 28% in this case to the government. As per the GST rules, the tax is applicable on the complimentary tickets too.

| Updated:
April 30, 2019 4:41 pm
Rajasthan royals ipl matches jaipur 2019

Jaipur: The State Department of Revenue Intelligence (SDRI) has unearthed alleged Goods and Services Tax (GST) evasion of Rs 11.60 crore on Indian Premier League (IPL) 2018 complimentary tickets at Sawai Man Singh (SMS) Stadium in Jaipur on Friday.

Read also: IPL 2019: Online booking for Rajasthan Royals matches begins

Team Rajasthan Royals is the franchise of M\s Royal Multisports private limited. The company organized seven IPL matches between April 11, 2018, and May 19, 2018, at SMS stadium in Jaipur.

Read also: IPL 2019: 2 matches in Jaipur in 1st round, Rajasthan Royals Vs Kings XI Punjab on March 25

According to the officials, the online tickets were sold through the portal BookMyShow – ticketing partner of Rajasthan Royals. A total of 65,2017 complimentary tickets (offline) for the matches worth Rs 11.62 crore were also distributed to many people. The range of the tickets was between Rs 500 and Rs 15000.

SDRI officials summoned the M\s royal Multisports company officials to give the details of the complimentary tickets that were distributed to people before the IPL matches in Jaipur last year.

The officials found out after investigating the documents and papers that the company did not pay the GST which is 28% in this case to the government. As per the GST rules, the tax is applicable on the complimentary tickets too.

Moreover, the company registered the matches in Mumbai while the matches took place in Jaipur. The company did not register in Rajasthan, said an official on the condition of anonymity.

It is to be noted that the SDRI has given notice to the firm under the Section 7 (1) (A) and 7 (1) (B) of CGST Act of collecting GST, penalty and interest amount at the rate of 28 percent on the distribution of complimentary tickets last year.

Further investigation is on.

First published: March 16, 2019
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