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Tag: GST Council

Centre creates 8-member committee to decide on lottery tax GST Council

18 Jan, 2019 Centre creates 8-member committee to decide on lottery tax

In the 10th January Goods and Services Tax (GST) Council meeting presided by Union Finance Minister Arun Jaitley, the issue of whether to create a uniform tax rate for lotteries reached no common ground and was called off for another time in the future. In the meeting, Jaitley had promi...

No consensus in GST Council meeting; Lottery tax untouched GST Council

15 Jan, 2019 No consensus in GST Council meeting; Lottery tax untouched

Gutshot recently reported that the GST Council, the apex body who makes binding decisions regarding the Goods and Services Tax (GST), will have a meeting on 10th January 2019 to discuss the possibility of perhaps lowering the current 28% GST on Lotteries. The council met on the day and ...

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