Single GST rate of 28% on lottery from March 2020

Single GST rate of 28% on lottery from March 2020

The GST Council, in its 38th meeting, had recommended levying of GST at 28% on both state-run and state-authorized lottery. In this regard, the Central Board of Indirect Taxes and Customs has now given effect to the above recommendation and notified a single GST rate of 28% on lottery from March 1, 2020 (vide Notification No. 1/2020-Central Tax (Rate) dated February 21, 2020).

Here is a summary of GST rates applicable to the lottery:

Particulars

Existing GST rates

New GST rates from March 1, 2020

Lottery run by State Government

12%

28%

Lottery authorized by State Government

28%

28%

To understand how Avalara can help you with GST compliance, visit www.avalara.com

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