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of <h1>Meghalaya Amends GST Rules: Lottery Supply Value Now 100/128 of Face Value or Notified Price, Effective March 2020.</h1> The Government of Meghalaya has issued the Meghalaya Goods and Services Tax (Second Amendment) Rules, 2020, under the authority of section 164 of the Meghalaya Goods and Services Tax Act, 2017. Effective from March 1, 2020, the amendment modifies Rule 31A of the 2017 Rules. The revised sub-rule (2) specifies that the value of lottery supply is calculated as 100/128 of the ticket's face value or the price notified by the Organising State in the Official Gazette, whichever is higher. This notification was issued by the Commissioner and Secretary of the Excise, Registration, Taxation, and Stamps Department.
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