FIFA U-17 WC to be exempted from service tax: Sitharaman

Panaji: The 37th Goods and Services Council Friday proposed that the upcoming FIFA under-17 Women’s World Cup be exempted from service tax, Union Finance Minister Nirmala Sitharaman said Friday.

“To exempt services related to FIFA Under-17 Women’s World Cup 2020, similar to existing exemption given to FIFA under-17 World Cup 2017,” she said, quoting the recommendation made by the Council, following a meeting held near here.

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The Council also recommended allowing ‘registered authors’ an option to pay Goods and Services Tax on royalty charged from publishers under forward charge and observe regular GST compliance.

IANS