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of <h1>Punjab Amends GST Notification: Schedule II Changes, Schedule IV Adds Lottery at 14% Tax Rate Effective March 2020.</h1> The Government of Punjab has amended Notification No. S.O.16/P.A.5/2017/S.9/2017, dated June 30, 2017, under the Punjab Goods and Services Tax Act, 2017. Effective from March 1, 2020, the amendment involves changes in tax schedules: Schedule II at 6% will no longer include serial number 242 and its related entries, while in Schedule IV at 14%, serial number 228 will now be designated as 'Any chapter Lottery.' The amendment is issued by the Financial Commissioner (Taxation) of the Punjab Department of Excise and Taxation.
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