Seeks to amend notification No. 1/2017- Integrated Tax (Rate) dated 28.06.2017 so as to notify rate of GST on supply of lottery.

Last updated: 21 February 2020

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This notification amends the Integrated Goods and Services Tax (IGST) rate for lottery supplies. Effective from March 1, 2020, the previous entry for lottery in Schedule II of Notification No. 1/2017-Integrated Tax (Rate) will be omitted. A new entry for lottery will be substituted in Schedule IV, specifying a 28% GST rate.

[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

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1 Year PLAN

1999

(Excl. of GST ₹359)

2 Years PLAN

3499

(Excl. of GST ₹629)

BEST VALUE

3 Years PLAN

4999

(Excl. of GST ₹899)

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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.

Notification No : 01/2020-Integrated Tax (Rate)
Source : http://www.cbic.gov.in/htdocs-cbec/gst/notfctn-01-2020-igst-rate-english.pdf

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