Value of lottery supply deemed as proportion of ticket face value, with higher notified price prevailing. The amendment substitutes rule 31A(2) to deem the value of supply of lottery to be 100/128 of the face value of the ticket or of the price as notified in the Official Gazette by the Organising State, whichever is higher, and explains that 'Organising State' has the meaning given in clause (f) of sub rule (1) of rule 2 of the Lotteries (Regulation) Rules, 2010.
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Provisions expressly mentioned in the judgment/order text.
Value of lottery supply deemed as proportion of ticket face value, with higher notified price prevailing.
The amendment substitutes rule 31A(2) to deem the value of supply of lottery to be 100/128 of the face value of the ticket or of the price as notified in the Official Gazette by the Organising State, whichever is higher, and explains that "Organising State" has the meaning given in clause (f) of sub rule (1) of rule 2 of the Lotteries (Regulation) Rules, 2010.
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