Specified actionable claims replace lottery, betting and gambling in Schedule, altering taxable supply classification under CGST law. Paragraph 6 of Schedule III in the principal Act is amended by substituting the words "lottery, betting and gambling" with the words "specified actionable ... Summary
Specified actionable claims replace lottery, betting and gambling in Schedule, altering taxable supply classification under CGST law.
Paragraph 6 of Schedule III in the principal Act is amended by substituting the words "lottery, betting and gambling" with the words "specified actionable claims", thereby changing the statutory description used to determine which receipts are categorized outside the scope of taxable supplies under the Act.
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