The Government of Odisha has notified the Goods and Service Tax (Second Amendment) Rules, 2020.
The Finance Department of the State of Odisha issued a notification on March 12, 2020, in the name of Deputy Secretary of the Government so as to amend the Principal Act namely Odisha Goods and Service Tax Rules, 2017. The amendment came to be known as Goods and Service Tax (Second Amendment) Rules, 2020.
In Rule 31 A of the Odisha Goods and Service Tax Rules, 2017 sub-rule (2) shall be omitted and in place of this sub-rule (2) the following shall be substituted:
“(2) The value of supply of lottery shall be deemed to be 100/128 of the face value of the ticket or of the price as notified in the Official Gazette by Organising State, whichever is higher.”
The clause of explanation was also inserted, which further explains that for the purpose of the sub-rule (2) which is substituted, the expression “organizing state” will have the same meaning as assigned to it in clause (f) of sub-rule (1) of rule 2 of Lotteries (Regulation) Rules, 2010 made by the Central Government under Section 11 (1) of the Lotteries (Regulation) Act, 1998.
The clause (f) of sub-rule (1) of rule 2 of Lotteries (Regulation) Rules, 2010 elaborates on the definition of ‘organizing state’ which says that Organising State means the State Government which conducts the lottery either in its own territory or sells its tickets in the territory of any other State.
It was further notified that this notification will be immediately forwarded to the Gazette Cell of Commerce & Transport Department, Government of Odisha, Bhubaneshwar for information. And also this notification must be immediately published in Odisha Gazette.Subscribe Taxscan AdFree to view the Judgment