GMR Group, the owner of Delhi Daredevils, will have to pay 14 per cent service tax on tickets sold by it, after the Delhi High Court refused to stay a central government notification by which the tax was imposed on non-recognised sporting events, like IPL, from June last year.
While refusing to grant interim relief to GMR, a bench of justices S Muralidhar and Vibhu Bakhru issued notices to the Centre and Delhi government, seeking their replies by September 27 on the plea of the company.
GMR challenged a May 2015 notification by which 14 per cent service tax was levied on entry to entertainment events, where the cost of the entry ticket is above ₹500.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.