Lady Luck gets dearer! Lotteries to attract flat 28% GST from March 1

According to the notification , a uniform GST rate of 28% will be levied from March 1, on state-run and authorised lotteries. Now, GST rate on supply of lotteries has been amended to 14 percent and a similar percentage will be levied by the states. Currently, lotteries run by the state-owned agencies levy 12 per cent GST, while a state-authorised lottery attracts 28 per cent tax.  “Gambling in the form of Lottery has been allowed in a few states, where it has penetrated at grass root levels, now changing the tax rate from a prospective date would help the dealers in effectively implementing the new tax rate,” AMRG & Associates Senior Partner Rajat Mohan said.

https://www.businesstoday.in/current/economy-politics/lotteries-to-attract-flat-28-per-cent-gst-from-march-1/story/396722.html