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Windfall - taxes - Tax taxes - economic conditions - industry experiences - TAXSCAN

Understanding Windfall Taxes

Kalyani B. Nair
Supreme Court Nullifies Sikkim HC Judgement on GST on Lottery [Read Judgement]

Supreme Court Nullifies Sikkim HC Judgement on GST on Lottery [Read Judgement]

Navasree A.M
Lottery Validation In India - Lottery - Taxscan

Lottery Validation In India - Abrupt Overview!

Taxscan Team
Lottery - gambling - status of trade - Gauhati HC - Taxscan

Lottery includes Gambling as an Element of Chance which requires no skill can’t attain the Status of...

Taxscan Team

Government wins Lottery

In the case of Skill Lotto Solutions Vs Union of India[1], the Hon’ble Apex Court has upheld the levy of GST on lottery tickets and probably this is the first judgment from the Hon’ble Supreme Court...

Government wins Lottery
Taxscan Team

Supreme Court upholds validity of imposing of GST on Lotteries & Gambling [Read Judgment]

The Supreme Court upheld the validity of imposing Goods and Service Tax (GST) on Lotteries and Gambling. The Court granted the petitioner the liberty to challenge notification by which rate of GST...

Supreme Court upholds validity of imposing of GST on Lotteries & Gambling [Read Judgment]
Taxscan Team

Do Lottery Winnings in India have to be Taxed?

The Indian government has full control over how lottery winnings can be taxed. The state legislature can produce laws surrounding these taxes. The terms are according to Entry 62 in the State List....

Lottery - Taxes - India - Taxscan
Taxscan Team

Central Govt changes Rules on Value of Supply of Lottery [Read Notification]

The Central Government, on the recommendations of the Council, has changed certain rules regarding the value of supply of lottery further to amend the Central Goods and Services Tax Rules, 2017 in the...

Central Govt changes Rules on Value of Supply of Lottery [Read Notification]
Taxscan Team

CBIC notifies GST Rate of Lottery [Read Notification]

The Central Board of Indirect Tax & Custom (CBIC) has notified the GST Rate of Lottery. 28%  Uniform rate of GST will be applicable to all lotteries. The amendment will be effective from March...

CBIC notifies GST Rate of Lottery [Read Notification]
Taxscan Team

GST Rate Changes on EV, Solar and Lottery: Council to take Final Decision in Next Meeting

The 35th GST Council Meeting was held here today under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. This was the first meeting of the Council after the...

GST Rate Changes on EV, Solar and Lottery: Council to take Final Decision in Next Meeting
Taxscan Team

GST Council Meet approves 1% Tax on Affordable Houses

The 33rd Goods and Services Tax ( GST ) Council meeting in New Delhi has made some important decisions regarding the real estate sector. Reportedly, the Council has approved the lowest rate of 1% tax...

GST Council Meet approves 1% Tax on Affordable Houses
Taxscan Team

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