Hi, My organization is one of the sponsor of ICC world cup. We purchase match tickets from ICC at discounted price for employees and business partners. Do we have to pay GST under RCM?
GST on ICC Tickets
JOHN SHANNEL
GST Not Applicable on Discounted ICC World Cup Tickets Under RCM, Clarifies Section 13 of IGST Act 2017 An organization sponsoring the ICC World Cup inquired about the applicability of GST under the Reverse Charge Mechanism (RCM) on discounted match tickets purchased for employees and business partners. The response clarified that, according to Section 13 of the IGST Act, 2017, the place of supply for services related to event admission is where the event occurs. Since the event is held outside India, GST under RCM is not applicable. (AI Summary)