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GST council to decide on lowering tax rate for lotteries on 10th January

GST council to decide on lowering tax rate for lotteries on 10th January

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lottery gst rate
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single rate of GST @ 28% on both State run and State authorized lottery was fixed which would be effective from 1st March, 2020 PAYMENT OF TAX UNDER REVERSE

Tombola Continuous Lucky DrawSingleScheduled Lottery 30% x Where GST chargeable @ 9% GST rate = 9109 x Kerala Lottery Results · Shillong Teer We also expect rationalisation of GST rates to make hotel stays more affordable for tourists

red hot poker flower Currently, state run lotteries are charged a 12% tax on the face value of lottery tickets, while lotteries operated through private distributors The GST Council, in its 38th meeting, had recommended levying of GST at 28% on both state-run and state-authorized lottery

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