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of <h1>Telangana Amends GST Tax Rates: Schedule II and IV Updated, Affects Lottery Taxation Effective March 1, 2020.</h1> The Telangana State Government has amended the tax rates under the Telangana Goods and Services Tax Act, 2017. This amendment, effective from March 1, 2020, involves changes to Notification No. 1/2017-State Tax (Rate). Specifically, in Schedule II, the 6% tax rate entry at S.No.242 is omitted. In Schedule IV, the 14% tax rate entry at S.No. 228 is replaced with a new entry for 'Lottery' applicable to any chapter. These amendments were made under the authority of Sections 9(1) and 15(5) of the Telangana GST Act, based on the Council's recommendations.
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