GST on actionable claim in betting and horse racing removed from Schedule, altering tax treatment of chance to win receipts. An entry treating an actionable claim in the form of a chance to win in betting, gambling or horse racing as a taxable item under the GST Schedule has been omitted by a subsequent notification, removing that specific description from the list of taxable supplies and altering its statutory tax classification.
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Provisions expressly mentioned in the judgment/order text.
GST on actionable claim in betting and horse racing removed from Schedule, altering tax treatment of chance to win receipts.
An entry treating an actionable claim in the form of a chance to win in betting, gambling or horse racing as a taxable item under the GST Schedule has been omitted by a subsequent notification, removing that specific description from the list of taxable supplies and altering its statutory tax classification.
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