Valuation of supply in case of supply of lottery, betting, gambling and horse racing (Rule 31A of CGST Rules)

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...., betting, gambling and horse racing- Rule 31A of the GST Rules Sub Rule 1:-  Value of supply in case of lottery, betting, gambling and horse racing, Notwithstanding anything contained in the provisions of this Chapter, the value in respect of supplies specified below shall be determined in the manner provided hereinafter. Sub Rule 2:- Value of Lottery :- From 22.09.20....

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....ng State, whichever is higher Explanation:- For the purposes of this sub-rule, the expressions- (a) "lottery run by State Governments" means a lottery not allowed to be sold in any State other than the organizing State; (b) "lottery authorised by State Governments" means a lottery which is authorised to be sold in State(s) other than the organising State also; and (c) "Organising State" ....