Overview
- The government confirmed admission to events like the IPL will be taxed at 40%, up from 28%, which lifts a Rs 1,000 ticket to about Rs 1,400 before any state levies.
- Admission to recognised sporting events or tickets priced at Rs 500 or less remains exempt, while other sporting tickets above Rs 500 continue to draw the standard 18% GST.
- Tickets for India internationals and upcoming ICC events stay at the 18% rate, so pricing for those matches is unchanged under the new guidance.
- Initial venue examples point to higher outlays in Chennai, Bengaluru and Mumbai, with Chennai buyers also facing a 25% state entertainment tax on top of GST.
- Cinema tickets under Rs 100 now attract 5% GST after the 12% slab was removed, while higher-priced film tickets stay at 18%, and leagues like PKL and ISL could also see costlier seats.