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5 Jun 2018

Govt earns Rs. 3,950 crores from GST on lotteries

GST

Data released by the All India Federation of Lottery Trade (AIFLTAI) that the government has earned Rs. 3,9﷽48 crores through Goods and Services Tax (GST) on lotteries for the period July 2017-March 2018.

Out of the niওne states that cuꦚrrently permit lotteries, West Bengal has contributed the maximum amount of Rs. 2,150 crores towards GST followed by Kerala which has contributed Rs. 908 crores and Maharashtra Rs. 797 crores (see table below).

Apart from GST, lottery proceeds of Rs. 1,852 crore have been contributed to state government exchequers for good causes. The Kerala government has mopped up a whopping Rs. 1,691 crores revenue from paper lottery ⛎ticket sales. The entire funds generated from sale of are utilised for social schemes such as treating cancer patients, providing education to girl child, providing for healthcare facilities etc.

Other state exchequers have not received any substantial revenue from starting lottery schemes as most of the proceeds from lottery sales (apart from payout to winners) is c💛ornered by private lottery companies appointed as distribu൲tors or marketing agents by the states.

Currently, of 12% is imposed on lotteries organised by the state government which are sold within its jurisdiction, while a 28% tax rate is imposed on💙 lotteries marketed and sold by state governments in other states. Centre and states split the GST revenue recဣeived 50:50.

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