Centre approves levy of 28% GST on lotteries from March 1, rate notified

A 28 per cent  Goods and Services Tax  (GST) will be levied on lotteries from March 1, according to a notification. The  GST  Council had in December last year decided to impose a single rate of 28 per cent on state-run and authorised lotteries. The revenue department notified the  GST  rate on supply of lotteries and amended its earlier Central Tax (Rate) notificatio…