GST on lottery services

 

GST payable on lottery services


This information is about GST rate tariff applicable on Lottery services in India.


GST oin lotteryWhat is the rate of GST applicable on lottery services in India? Is GST payable on state government running lotteries? What is the GST tariff rate on state government authorized lottery service?


As per GST council meet held on 18th June, 2017, GST rate payable on lottery services is as follows:

State government run lotteries at 12% of the face value

State government authorized lotteries at 18%

 

It has been decided that supply of lottery shall attract GST rates as under – 1. Lottery run by State Governments – 12% of face value of lottery ticket 2. Lottery authorized by State Governments – 28% of face value of lottery ticket


The above information is about GST rate on lotteries in India. If you wish to share your views and thoughts on GST rate impact on lottery services in India, share below your thoughts:

 

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