Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Service Tax Exemption for BCCI Grants | Bundled Sports Services Not Taxable Consideration Under Mega Exemption Notification : CESTAT Kolkata
CESTAT Kolkata rules that grants received by cricket associations from BCCI for promoting cricket are not taxable consideration under service tax law. The tribunal upheld the exemption under the Mega Exemption Notification, setting a precedent that bundled sporting services funded by subsidies are not liable for service tax, benefiting sports bodies nationwide.