Sports Minister Rajyavardhan Rathore has said that the government's decision to exempt imported sports goods of specific nature from the Integrated Goods and Services Tax (IGST) ambit will be a big boost for the country's sportspersons of outstanding eminence. He yesterday thanked Prime Minister Narendra Modi, Finance Minister Arun Jaitley and the GST Council for the decision.The Sports Minister added that the move is a major institutional support for sports and will be a big boost topromoting sports in the country.The change in IGST exemption will come into effect from November 15.The GST Council in its 23rd meeting held at Guwahati on Friday had exempted the import of specific sports goods by sports persons of outstanding eminence from the ambit of the IGST.
News On AIR | November 12, 2017 7:11 AM
Rathore says decision to exempt imported sports goods from IGST will be big boost for sportspersons