Menu
Gst on Lottery
Is there any exemption regarding to supply of lottery . If yes, pls explain
Replies (3)
No, Lottery is treated as supply of goods. As per the current GST structure, interstate sale of lotteries attracts 28% tax while intrastate sales come under the 12% bracket
But I found a notification - Notification 2/2017 - Central tax (rate), in which according to sr. no. 149 supply of lottery by any person other than govt.
Please go through this link
https://cbec-gst.gov.in/gst-goods-services-rates.H T M L#home
https://cbec-gst.gov.in/gst-goods-services-rates.H T M L#home
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
