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<h1>Uttarakhand GST Amendment 2020 Revises Lottery Valuation to 100/128 of Ticket Value or Notified Price.</h1> The Uttarakhand Goods and Services Tax (Second Amendment) Rules, 2020, were enacted under the authority of Section 164 of the Uttarakhand Goods and Services Tax Act, 2017. Effective from March 1, 2020, these amendments revise Rule 31A concerning the valuation of lottery supplies. The new rule standardizes the value of supply for all lotteries to 100/128 of the ticket face value or the price notified in the Official Gazette by the organizing state, whichever is higher. The amendment also clarifies the definition of 'Organising State' as per the Lotteries (Regulation) Rules, 2010.