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of <h1>New Tax Option for Lottery Distributors: Amendments to Service Tax Rules 1994 Introduce Specific Rates Under Rule 6 (7C)</h1> The Service Tax (Second Amendment) Rules, 2010, effective from October 8, 2010, amend the Service Tax Rules, 1994. The amendment introduces sub-rule (7C) in rule 6, allowing distributors or selling agents of lottery services to opt for a specific tax rate instead of the standard service tax rate. The rates are Rs 6000 or Rs 9000 per Rs 10 lakh of lottery ticket value, depending on the prize payout percentage. This option must be exercised within one month of the financial year's start and cannot be withdrawn within that year. The amendment also provides definitions for terms like 'distributor,' 'draw,' and 'online lottery.'
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