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of <h1>Jammu & Kashmir amends GST Act: Removes Schedule II-6% entry 242, revises Schedule IV-14% entry 228 to 'Lottery.</h1> The Government of Jammu and Kashmir has issued an amendment to Notification SRO-GST-1 dated July 8, 2017, under the Jammu and Kashmir Goods and Services Tax Act, 2017. Effective from March 1, 2020, the amendment involves changes in tax schedules. In Schedule II-6%, entry number 242 and its related entries are removed. In Schedule IV-14%, entry number 228 is revised to specify 'Any chapter, Lottery, 14%.' The notification is authorized by the Financial Commissioner of the Finance Department.
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