Notification No. 01/2020
Date: February 21, 2020
Subject: Amendment to Notification No. 01/2017–Central Tax (Rate) to prescribe a uniform GST rate on lottery.
Description:
This notification omits the earlier concessional entry under Schedule II and substitutes a new entry under Schedule IV (14%) for “Lottery”, making all lotteries taxable at a uniform rate. The change removes differential taxation between state-run and private lotteries. It was issued on the recommendation of the GST Council to simplify and rationalise GST on lottery.
Issued for earlier notification?
Yes — amends Notification No. 01/2017–Central Tax (Rate).