India, Sept. 4 -- Tickets for matches for the Indian Premier League are set to see a hike in price due to the restructured GST structure unveiled today. The IPL will see its GST slab rise from 28% until this year up to a whopping 40%, a big change that sees IPL tickets match the GST levied on luxury goods and casinos.

This follows a new ruling which will see high-value sporting events receive a hike in their GST charge. The IPL, as the most cash-rich franchise league across sports in India and in cricket, will be certain to be affected by this, but it remains to be seen whether leagues such as the Pro Kabaddi League or the Indian Super League in football will fall under the same bracket.

The earlier 28% tax rate sees a 12% increase, wit...