 "Illustration by Binay Sinha")
The fate of uniform or differential rates of GST on lotteries may be decided on the basis of an advice by the Attorney General K K Venugopal following the failure of the GST Council to reach a consensus on Friday.
The crux of the matter that has been referred to Venugopal is that there are currently two GST rates on lotteries. The state-run lotteries draw a 12 per cent and the state-authorised lotteries attract the peak rate of 28 per cent.
By law, private players cannot run the lotteries. Entities such as S&D and the Esssel group market
The crux of the matter that has been referred to Venugopal is that there are currently two GST rates on lotteries. The state-run lotteries draw a 12 per cent and the state-authorised lotteries attract the peak rate of 28 per cent.
By law, private players cannot run the lotteries. Entities such as S&D and the Esssel group market
