GST Evasion Of Rs 345 Crore Detected Against Lottery Distributors
GST Evasion Of Rs 345 Crore Detected Against Lottery Distributors
gst on lottery
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There is no dispute that reverse charge mechanism is applicable on the supply of lottery tickets by the organizing state to distributors (like
Additionally, levying GST on the face value of lottery tickets is not permissible as it includes prize money for winners The definition of goods as occurring
gst on lottery Provided that, where a lottery dealer has paid the tax under this sub-section, no tax shall be payable in respect of the subsequent sale of such lottery tickets
gst slot Further, there is complete clarity about rate of tax on lotteries As mentioned above, in GST, lottery is goods and the classification indicated