Govt exempts Customs Duty on Polo Horse Imports for Recognized Teams and Players [Read Notification]

Government Grants Customs Duty Relief on Polo Horse Imports

In a move poised to invigorate the sport of polo in India, the central government has announced a significant exemption. Recognized polo teams and eligible players will now benefit from a waiver on customs duty levied on the import of polo horses.

Who Qualifies for the Exemption?

The exemption is specifically targeted to support established polo entities and players committed to the sport. Here’s a breakdown of the key eligibility criteria:

• Recognized polo teams officially registered with a governing body like the Indian Polo Association (IPA).
• Individual polo players who meet predefined performance standards and are endorsed by relevant polo associations.
• The imported horses must be used solely for playing the sport of polo.

Impact on the Indian Polo Scene

This decision is expected to have a positive ripple effect across the Indian polo landscape. Access to high-quality polo horses, which can be expensive to acquire, has long been a barrier for many teams and players. By removing the burden of customs duty, the government aims to:

• Enhance the competitiveness of Indian polo teams on the international stage.
• Encourage greater participation in the sport, particularly among aspiring players.
• Boost the overall quality and appeal of polo tournaments held in India.

What’s Next?

Polo teams and players seeking to avail of this exemption will need to follow the prescribed procedures outlined by the relevant authorities. Detailed guidelines and application processes are expected to be released by the concerned departments soon. This initiative signifies the government’s commitment to supporting sports and encouraging sporting excellence within the country. The financial impact of this exemption could reach several lakhs per horse, potentially saving teams a significant amount of money.