Impact of GST Rate on Lottery Ticket Sales in India

GST Rate on Lottery Sales

Lotteries are common in every country. In India, there are both state-run and private lotteries. The GST on lottery sales depends on the type of lottery, i.e., the organisation running the sale. The GST Council had made some important decisions regarding the applicability of GST on lottery tickets in the 31st GST Council Meeting. Based on that, here’s a detailed analysis of GST impacts on the sales and price of lottery tickets in India. Read More