Maharashtra finance minister Sudhir Mungantiwar Current Affairs, GK & News

GST ministerial panel on lotteries

The Central government has constituted GST ministerial panel on lotteries. The ministerial panel will study the current GST provisions related to lotteries. The panel will look into the current system under GST wherein a state-organised lottery attracts 12 per cent GST while a state-authorised lottery attracts 28 per cent tax. Terms of Reference The inter-ministerial ..