Teesta Distributors & Ors. Vs Union of India & Ors
Date: October 10, 2018
Court: High Court
Bench: Calcutta
Type: Writ Petition
Subject Matter
Lottery is a 'Good'
Summary
i) Is lottery a ‘goods’ or an ‘actionable claim’? It has held that, a lottery is in essential a chance for a prize, the sale of a lottery ticket can only be a sale of that chance. It has held that, there was no distinction bet…
The petitioners have sought a declaration that, lotteries are exempt from tax under Sl. No. 6 of Schedule III read with Section 72 of the Central Goods and Service Tax Act, 2017 and Sl. No. 6 of Schedule III read with Section 72 of the State Goods and Service Tax Act, 2017. Learned Senior Advocate appearing for the petitioner has submitted that, a lottery cannot come within the definition of &lsqu…