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  Business   Companies  09 Sep 2017  In first month of GST roll-out, BCCI paid Rs 44 lakh in taxes

In first month of GST roll-out, BCCI paid Rs 44 lakh in taxes

PTI
Published : Sep 9, 2017, 4:16 pm IST
Updated : Sep 9, 2017, 4:16 pm IST

BCCI's official website states that for the month of July, it paid Rs 44,29,516 in GST.

Some of the players were also paid a share of gross revenue from international matches for the 2015-16 season.
 Some of the players were also paid a share of gross revenue from international matches for the 2015-16 season.

New Delhi: The Good & Services Tax (GST), introduced by the central government from July 1, saw the country's richest sporting body, BCCI pay in excess of Rs 44 lakh in taxes.

The BCCI's official website states that for the month of July, it paid Rs 44,29,516 in GST. Indian national team's physio Patrick Farhart, for a five-month period, was paid close to Rs 6 million (Rs 58,87, 139).

Some of the players were also paid a share of gross revenue from international matches for the 2015-16 season. Stuart Binny was richer by Rs 92 lakh (Rs 92,46, 412) while Harbhajan Singh was paid Rs 62 lakh (Rs 62, 52, 871).

Left-arm spinner Axar Patel received Rs 37.51 lakh while pacer Umesh Yadav was paid Rs 34.79 lakh.  

Tags: gst, bcci, tax, indirect tax, gst roll-out
Location: India, Delhi, New Delhi