Case LawGST-ARA-12/2019-20/B-106
Vijay Baburao Shirke ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Maharashtra
- Date:
- October 4, 2019
- Type:
- Advance Ruling
- Members:
- B Timothy, A A Chahure
Subject
GST payable on receipt of prize money from horse race conducting entities
Supply
Summary
Question: Whether receipt of prize money from horse race conducting entities, in the event horse owned by the applicant wins the race, would amount to ‘supply under section 7 of the Central Goods and Service Tax Act, 2017 or not and…
Judgement
The present application has been filed under Section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act” respectively] by M/s. Vijay Baburao Shirke, the applicant, seeking an advance ruling in respect of the following question. Whether receipt of prize money from horse race…