GST classification change for lotteries reassigns supplies between reduced and standard schedules, effective March implementation. The notification omits the entry at serial number 242 in Schedule II (reduced rate) and substitutes serial number 228 in Schedule IV with '228.Any chapter Lottery', thereby reassigning lottery supplies to Schedule IV; the amendment is made under statutory taxing powers and is deemed effective from the 1st day of March, 2020.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST classification change for lotteries reassigns supplies between reduced and standard schedules, effective March implementation.
The notification omits the entry at serial number 242 in Schedule II (reduced rate) and substitutes serial number 228 in Schedule IV with "228.Any chapter Lottery", thereby reassigning lottery supplies to Schedule IV; the amendment is made under statutory taxing powers and is deemed effective from the 1st day of March, 2020.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.