Income Tax On Lottery Winnings And Game Show Winnings In India

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Issue related to classification and GST rate on lottery ticket

Tariff Act, 1975 and tax on lottery should be paid accordingly at prescribed rates, 12% or 28%, as the case may be  A 12 percent GST is charged on lotteries directly run by state governments These tickets are not allowed to be sold outside the organising

bwin poker bonus GST Council, the GST rate for supply of lottery has been notified been notified under relevant relevant GST rate notification relating to  The Group of Ministers on July 11 decided to levy a 28 percent GST on the full value of online gaming, horse racing and casinos with