Profit margins in lottery industry are tiny Here's how Future Gaming

gst on lottery
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lotteries As mentioned above, in GST, lottery is goods and the classification indicated in relevant notification for lottery is “-”, which means any chapter

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

gst on lottery Additionally, levying GST on the face value of lottery tickets is not permissible as it includes prize money for winners The definition of goods as occurring

gst slot The Union Parliament has the competence to levy GST on lotteries under article 246A of the Constitution Under Article 279A the GST Council