SC notice to UP govt over F1 tax exemption
Zeenews Sports Bureau
Greater Noida: The Supreme Court on Tuesday slapped a notice on the Uttar Pradesh government over the exemption of entertainment tax in the upcoming Formula One race at the Buddh International Circuit that was opened to the media today.
The SC sought explanation from the Uttar Pradesh government for granting tax exemption to the company organising Formula 1 event in Greater Noida.
A bench headed by Justice D K Jain also issued notice to Jaypee Group, organiser of the sporting event, and asked them to file their response by Friday on why the event was given exemption from entertainment tax.
The court passed the order on a PIL challenging the state government decision to grant tax exemption to the event. India's first Formula 1 event is scheduled to be held in Greater Noida, adjacent to the national capital, on October 30.
The new notice would surely give a hard time to the race organisers Jaypee group.