Government notifies 8-member committee to decide lottery GST rates; panel to submit report by next GST Council meeting

As by us earlier, the GST Council in its meeting on 10th January has recommended the formation of a Group of Ministers (GoM) pane꧑l to look into the differential GST rates on lottery tickets and tax issues arising from lottery sales.

According to , the central government has now issued a stateᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚment that an eight member GoM headed by Maharashtra Finance Minister Sudhir Mungantiwar will look into 🔯taxation issues relating to the lottery industry.

The other members of the committee are West Bengal Finance Minister Amit Mitra; Kerala Finance Minister Thomas Isaac; Assam Finance Minister Himanta Biswa Sarma; Punjab Finance Minister Manpreet Singh Badal; Goa Panchayat Minister Mauvin Godinho; Karnataka Finance Minister Krishna Byre Go𒀰wda, Arunachal Tax and Excise Minister Jarkar Gamlin.

As per the Terms of Reference (ToR) for the GoM, the panel will see whet🤪her the can be continued or whether a uniform rate can be prescribed for both.

It wou✤ld also suggest whether private persons authorised by the states are misusing the lower rate and getting enriched themseꦇlves at the cost of the state and suggest measures to curb it.

The GoM is also likely examine issues related to enforcement including the legal 😼framework, so as to prevent evasion of tax on lottery and suggest appropriate tax rate to address the problem.

The committee is likely to submits its recomm🔜endations on whether a change is required in the present taxation structure for✤ lotteries before the GST Council meets again.