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Composite Rate of Tax - Lottery
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....any other manner assisting in organizing lottery under section 66B and rule 6(7C). OPTION A: under section 66B, pay service tax @ 14% on gross amount of service provided. OPTION B: Composite amount of tax shall as follows: [rule 6(7C) of Service Tax Rules, 1994] Sl. No. Rate (amount of tax) Condition 1. Rs 8200 on every ₹ 10 Lakh (or part of ₹ 10 Lakh) of aggregate face value of....