GoM favours uniform tax on lottery, GST Council to decide rate on February 20

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A State ministerial panel set up to  review tax rate on lottery 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 by the GST Council on  Wednesday,” an official said.

 The other members of the committee are West Bengal Finance Minister  Amit Mitra, Kerala Finance Minister Thomas Isaac, Assam Finance Minister  Himanta Biswa Sarma, Punjab Finance Minister Manpreet Singh Badal,  Goa Panchayat Minister Mauvin Godinho, Karnataka Finance Minister Krishna Byre Gowda, Arunachal Tax and Excise Minister Jarkar Gamlin.               

Daily Pioneer
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