GST rate on lotteries
The 38th GST Council meeting in New Delhi on 18.12.2019 has casted a ballot to tax all lotteries under the highest slab of 28 per cent. This uniform GST rate for lotteries will be actualized the nation over. In its meeting chaired by Finance Minister Nirmala Sitharaman.
To levy a single rate of GST @ 28% on both State run and State authorized lottery. This change shall become effective from 1st March, 2020.
Latest GST rate on lotteries under highest GST slab of 28%. Lotteries going to be costlier across the country.
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