GoM favours uniform tax on lottery, GST Council to decide rate on February 20

Money Control

A state ministerial panel set up to review tax rate on lottery Monday favoured a uniform GST rate of either 18 per cent or 28 per cent -- a final call on which would be taken by the GST Council at its meeting on February 20. Currently, a state-organised lottery attracts 12 per cent GST while a state-authorised lottery attracts 28 per cent tax. The eight-member Group of Ministers under Maharashtra…

Sign in to read the full article

Create a free account or sign in to access the complete content.