BCCI loses Customs benefits after de-recognition as National Sports Federation/Apex Body for game of Cricket
IT was informed by the Ministry of Youth Affairs and Sports that the Board of Control for Cricket in India (‘BCCI') has not complied with the mandatory requirements of submitting the necessary documents to the Government of India for annual recognition as a National Sports Federation /Apex Body for the game of cricket in India. Thus it has ceased to be a National Sports Federation/Apex Body for the game of cricket with immediate effect.
In view of this, Board clarifies that henceforth BCCI would not be eligible to avail itself of duty exemption under Notification No.21/2002- Cus., dated 1.3.2002 or any other Customs notification.
Thus, goods imported by BCCI or certified by BCCI for import are not entitled to any exemption benefit which is available to sports goods/equipment/consumables imported or certified by a National Sports Federation (NSF) or Apex body in terms of any Customs duty exemption notification issued by the Central Government.
BCCI is the richest Sports Body in the world and they do not really need any exemption, but when an important minister in the Indian Cabinet is the President of ICC, should BCCI get this snubbing?
Circular No. , Dated: January 17, 2010