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Lottery industry pitches for uniform GST rate of 12 per cent

Lottery industry pitches for uniform GST rate of 12 per cent

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gst on lottery
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Under Article 279A of the Constitution of India, the GST Council has approved the levy of GST on lottery tickets, and thus, the Union

The correct answer is 28% On February 24, 2020, through a notification of the Central Board of Indirect Taxes, all the lotteries were brought under the  The 36th GST Council Meeting affirmed a uniform tax rate of 28% for lotteries on both state run and private authories lotteries with effect

indiana lottery powerball The agency commission of Kerala State lottery deducts an additional tax of 10% along with the income tax of 30% Tax For Lottery Winnings Prize Twelve cases involving GST evasion of Rs crore have been detected against lottery distributors and Rs crore (including interest

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