GST Council fixes 28% uniform tax rate for lottery

The Goods and Services Tax or GST Council has fixed a uniform tax rate of 28 per cent on both state-run and private lottery.

It also decided to rationalise the GST rate on woven and non-woven bags to 18 per cent.

The decisions were taken at the 38th meeting of the Council, chaired by Finance Minister Nirmala Sitharaman in New Delhi yesterday.

Briefing reporters after the meeting Revenue Secretary Ajay Bhushan Pandey said the rates on the lottery and woven and non-woven bags will be effective from the 1st of March next year.

It was for the first time that the GST Council resorted to voting to decide on an issue as it fixed a uniform tax rate on both state and private lotteries.

The GST Council also decided to exempt upfront amount payable for long term lease of industrial and financial infrastructure plots by an entity having 20 per cent or more ownership of Central or State Government.

The council also approved various amendments to laws which will be introduced in Union Budget 2020. 



  1. Pingback: easy1up review profit passport

  2. Pingback: 메이저카지노

  3. Pingback: asigo system reviews 2020

Leave a Reply

Your email address will not be published.

20 + 19 =

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: [email protected]

Middle East

Digital Media W.L.L
Flat: 11, 1st floor, Bldg: A – 0782
Road: 0123, Block: 701, Tubli
Kingdom of Bahrain

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us