GoM favours uniform tax on lottery

New Delhi: A state ministerial panel set up to review tax rate on lottery on Monday favoured a uniform GST rate of either 18 per cent or 28 per cent — a final call on which would be taken by the GST Council at its meeting on February 20.
Currently, a state-organised lottery attracts 12 per cent GST while a state-authorised lottery attracts 28 per cent tax.
The eight-member Group of Ministers under Maharashtra Finance Minister Sudhir Mungantiwar favoured hiking GST rate on the state-organised lottery to either 18 per cent or 28 per cent.
While the GST rate on state-authorised lottery would be retained at 28 per cent or brought down to 18 per cent. “The GoM favoured a uniform GST rate for both state-organised and state-authorised lotteries. A final call on whether that rate should be 18 per cent or 28 per cent would be taken on Wednesday,” an official said. (PTI)