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India could lose 2021 T20 World Cup hosting rights as BCCI fails to secure tax exemption

  • 27 May 2020 13:45:18

The 2021 T20 World Cup is planned to be held in India between October-November as the official substitution for the ICC Champions Trophy one year from now.

The International Cricket Council (ICC) has taken steps to remove India's facilitating rights for the following year's T20 World Cup as the nation's cricket board neglected to get the expense excluded for the competition.

The Board of Control for Cricket in India (BCCI) needed to get charge excluded for the 2021 T20 World Cup however it has neglected to do so which is the reason the ICC has sent a hard-hitting email to the Sourav Ganguly-drove association, reminding the board that it claims all authority to move the masterpiece competition from India.

The ICC had given the BCCI time till May 18 to sift through the expense issue with the Indian government however rather, the load up has requested the cutoff time to be reached out to June 30.

"Considering the BCCI's notice of power majeure, we would feature the commitment on the BCCI of the Host Agreement and that IBC (ICC Business Corporation) is qualified for end the concurrence with prompt impact whenever from 18 May 2020," Jonathan Hall, the ICC's general direction, was cited by ESPNcricinfo.

"The BCCI has plainly had numerous years to orchestrate the expense arrangement which is the reason the understanding requests it to be given .no later than 18 (eighteen) months earlier. what's more, why the BCCI was required to give it by 31 December 2019. In such conditions IBC isn't set up to consent to the mentioned expansion to June 30, 2020 or 30 days after the lockdown is lifted whichever is later.

"Meanwhile, the entirety of IBC's privileges are maintained in full including the authority to challenge whether a legitimate power majeure exists," Hall wrote in a letter to the BCCI on April 29.

This isn't the first run through the ICC and BCCI are at loggerheads over the issue of expense exception. The BCCI had neglected to make sure about duty exception for the 2016 release also which was facilitated by India because of which cricket's reality administering body needed to endure misfortunes as much as $20-30 million.

The ICC presently stands to lose around $100 million if the BCCI neglects to make sure about the assessment exclusion against for the T20 World Cup in India.

The BCCI has looked for more opportunity to determine this issue from the ICC, refering to the lockdown in India as the purpose for their failure to move toward the Indian government to examine the issue.

"While BCCI has been putting forth all attempts to get a 'charge answer' for the occasion, considering the present circumstance, which is outside the ability to control of the BCCI, it isn't feasible for BCCI to acquire imperative authorization/assent from the Government of India before April 17, 2020. Considering the abovementioned, the BCCI thusly demands IBC to allow an expansion of time till June 30, 2020 or 30 days after the lockdown is lifted, whichever is later.

"For the evasion of uncertainty, this letter establishes a notification of Force Majeure under Host Agreement," the BCCI told the ICC.

The T20 World Cup is planned to be held in October-November as the official substitution for the ICC Champions Trophy in 2021.