News
Import of specific sports good exempted from IGST
- Date:
- November 12, 2017
- Source:
- Zee Biz
The GST Council during it's 23rd meeting held at Guwahati decided to exempt the import of specific sports goods by sports person from the ambit of Integrated Goods and Services Tax (IGST). Under GST regime which has been effect in from July 01, 2017 - the IGST are defined as tax levied on all Inter-State supplies of goods and/or services and will be governed by the IGST Act. This act is appl…