Lottery, Gambling, Betting Taxable under GST Act: SC

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The GST Council on Wednesday resorted to voting for the first time to decide on an issue as it fixed a uniform tax rate of 28 per cent on

The eight-member group of ministers under Maharashtra Finance Minister Sudhir Mungantiwar favoured hiking GST rate on the state-organised The Goods and Services Tax Council has fixed a uniform tax rate of 28 per cent on both state-run and private lotteries, dealing a severe

ssis-329 Lottery Tickets are treated as 'Goods' under the Goods & Services Tax However, it is also an 'actionable claim', which is protected by the Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30%