Mumbai: Horse owner must pay 18% GST on racing prize

MUMBAI: Vijay Baburao Shirke,  owner of several winning  racehorses , is often spotted at derby matches and in sports sections of newspapers. This time, he is in the limelight due to an advance goods and services tax ( GST ) ruling sought by him.  Advance ruling authorities recently agreed with his view that  horse owners must pay  18% GST against the prize money earned by…