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<h1>CESTAT Mumbai Rules Sponsorship of Cricket Matches by IPL Exempt from Tax</h1> The Appellate Tribunal CESTAT Mumbai ruled in favor of the appellant in a case involving sponsorship services for cricket matches conducted by the Indian ... Sponsorship service - matches conducted by the Indian premier League (IPL) - Held that:- issue is now settled by the decision of Hero Hondo Motors Ltd vs CST in [2013 (6) TMI 447 - CESTAT NEW DELHI] whereby the Tribunal held that the sponsorship of sports events are exempted from the taxable service - Decided in favour of assessee. The Appellate Tribunal CESTAT Mumbai ruled in favor of the appellant in a case involving sponsorship services for cricket matches conducted by the Indian Premier League. The Tribunal cited a previous decision exempting sponsorship of sports events from taxable service, leading to the appeal being allowed.
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