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Business

GST council to decide on lowering tax rate for lotteries on 10th January

The GST Council, a constitutional body comprising of representatives from the central and state governments, is set to discuss the reduction and rationalisation of Goods and Services (GST) rate on lotteries at its next meeting that will be held on 10th January, 2019, as per news reports. The tax rate on lotteries has been one […]

Categories
Gaming Legal & Regulatory

Seven online lottery parlours raided in Mumbai for GST evasion

Seven online lottery centres were raided at different locations in central Mumbai for alleged evasion of Goods and Services Tax (GST) as per a PTI report. As per the news report, the Mumbai police crime branch arrested 11 persons for issuing hand-written lottery tickets instead of online lottery tickets printed on government or RBI paper […]

Categories
Legal & Regulatory

Calcutta HC rejects plea to exempt lotteries from GST and reconsider existing rate structure

A single judge bench of the Calcutta High Court rejected lottery operator M/s. Teesta Distributors writ petition to exempt lotteries from the ambit of the Goods and Services Tax (GST), rejecting Teesta’s contention that lottery tickets were an actionable claim and outside the definition of goods. The bench comprising of Justice Debangsu Basak also rejected Teesta […]

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Business

Lottery companies refute charges of GST evasion

One day after it was reported that the central GST authorities in Punjab investigated four major lottery companies in the country, the Times of India in a follow-up story has reported that lottery companies have refuted the allegations leveled against them and have claimed that only 12% GST is applicable on lottery tickets sold in […]

Categories
Business Gaming

Top lottery conglomerates slapped with GST evasion cases

India’s top three lottery distributors: Essel Group, Martin Group and Sugal & Damani Group have been slapped with cases for evasion of Goods and Services Tax (GST) as per a report in the Times of India. As per the news report, the Central GST (CGST) Commissionerate-Ludhiana registered cases against Future Gaming and Hotel Services Pvt. […]

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Business

Govt earns Rs. 3,950 crores from GST on lotteries

Data released by the All India Federation of Lottery Trade (AIFLTAI) has revealed that the government has earned Rs. 3,948 crores through Goods and Services Tax (GST) on lotteries for the period July 2017-March 2018. Out of the nine states that currently permit lotteries, West Bengal has contributed the maximum amount of Rs. 2,150 crores towards […]

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Gaming

MyTeam11 office searched for alleged GST evasion

The Directorate General of Goods and Services Tax Intelligence (DGGI) searched the offices of Jaipur-based fantasy company MyTeam11 Fantasy Sports Pvt. Ltd. (the company that operates online fantasy sports portal MyTeam11), for alleged Goods and Services Tax (GST) evasion and other irregularities. As per media reports, officials of GST intelligence received specific information that My Team11 […]

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Business

AIFLTAI issues public appeal to lower GST on lotteries even as central government rejects demand

The All India Federation of Lotteries Trade and Allied Industries (AIFLTAI) has issued a public appeal in the form of a prominent advertisement in the Economic Times today (see below) appealing to the Prime Minister, Union Finance Minister, state finance ministers and members of the GST Council to lower the discriminatory and arbitrary GST rate […]

Categories
Gaming

One lakh lottery traders protest against GST in Mumbai

In a massive show of strength, around one lakh lottery agents, stockists and sellers gathered at the iconic Azad Maidan in Mumbai today to protest against the 28% GST levied on lotteries marketed by private players as per news reports. The lottery sellers demanded that the government reduce the tax rate from 28% to 12% […]

Categories
Gaming

To protest against 28% GST, Maharashtra lottery sellers to strike on 20th & 21st August

Paper and online lottery sellers in Maharahtra have announced closure of their shops on 20th and 21st August, 2017 to protest against the ‘injustice caused due to implementation of the Goods and Services Tax (GST)’. The lottery sellers have also announced that there would be a morcha (protest rally) from 10 am onwards on 21st […]