Friday, October 11, 2024 - Login

GST Council to decide on uniform tax rate for lotteries

A state ministerial panel set up to review the tax rate on lottery has recommended setting a standard GST rate for all lottery of either 18 or 28 percent, local media reports.

Currently, state-organized lottery in Maharashtra is taxed at 12 percent GST, while state-authorized lottery attracts a 28 percent tax.

According to an official, the final decision on the GST rate will be discussed by the GST Council on Wednesday.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief