gst

GST Council decides dual rate structure for lotteries: 12% for state-run lotteries, 28% for state authorised private lotteries

Union Finance Minister Arun Jaitley  announced a dual GST rate for lottery tickets in a press conference after the GST Council…

GST council announces 28% tax on casinos and betting; 18% tax likely on skill games; lottery tax yet to be announced

The GST Council, a constitutional body has announced tax slabs for most goods and services in the council meeting held…

Government likely to set 28% GST rate for lottery tickets

It seems that the central government has made up its mind to put lotteries in the highest GST slab of…

Betting & gambling may attract higher GST rate says Revenue Secretary

Union Revenue Secretary Dr. Hasmukh Adhia in an interview to the Indian Express today stated that activities such as betting…

Sikkim HC upholds constitutional validity of service tax on lottery distributors, surprisingly holds service tax on lottery sales non-ascertainable

A division bench of the Sikkim High Court comprising of Chief Justice Satish K. Agnihotri and Justice Meenakshi Madan Rai…

Turf Club delegation meets Finance Minister to discuss GST implications on horse-betting

Horse-racing clubs in India has for the past few months been worried about the implications of the new Goods and…

AIGF makes representation to GST Council for reasonable tax structure

Since it is now clear that the Goods and Services Tax that would be introduced in April 2017 and will…

Passage of GST Bill to dramatically alter the taxation structure of gaming and lottery industries

The passage of the Constitution (122nd Amendment) Bill, 2016 by both the Houses of Parliament and the central government's announcement of its…