Value of lottery supply set as a proportion of ticket face value or notified price, whichever is higher. The amendment substitutes sub rule (2) of rule 31A of the Odisha GST Rules, 2017 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 references the definition of 'Organising State' in the Lotteries (Regulation) Rules, 2010.
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Value of lottery supply set as a proportion of ticket face value or notified price, whichever is higher.
The amendment substitutes sub rule (2) of rule 31A of the Odisha GST Rules, 2017 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 references the definition of "Organising State" in the Lotteries (Regulation) Rules, 2010.
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