Quick Summary
[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 1/2020-Integrated Tax (Rate) New Delhi, the 21st February, 2020 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) read with sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the
Daily Limit Reached
You have reached your daily limit of 2 Free Notice & Circular
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited Notice & Circular Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 011-411-70713
FAQ :
The notification amends the existing GST rate notification (No. 1/2017-Integrated Tax (Rate)) to specify the rate of GST on the supply of lottery.
This notification comes into force on the 1st day of March, 2020.
The previous notification had an entry for lottery in Schedule II, which is now being omitted. The new notification specifies a 28% rate in Schedule IV.
The new GST rate for lottery supplies is 28%.
Notification No. 1/2017-Integrated Tax (Rate) dated 28th June, 2017 is being amended.
CAclubindia
Guest
Notification No : 01/2020-Integrated Tax (Rate)Published in GST
Source : http://www.cbic.gov.in/htdocs-cbec/gst/notfctn-01-2020-igst-rate-english.pdf