The Kerala legislative assembly passed a unanimous resolution urging the Central Government to withdraw the move to bring uniform Goods and Services Ta🍰x (GST) rate on state-run lottery and other s🐻tate lotteries.
As per , the legislative assembly passed the resolution moved by state Finance Minister Thomas Is🌌aac after a discussion over it on the floor of the House.
“The Centre’s move is to reduce the tax on lotteries run by intermediaries and bring it on par with the state-run lotteries. This will affectᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚ thousands of lottery agents and sellers in Kerala.
Thi🐷s move will affect the tax revenue of the state, as well as the C♌entre,” Isaac said.
Currently, 12% GST is being charged on lott♌eries sold by s🌌tate governments directly, is being levied on the face value of lottery tickets authorised by state governments but sold through private lottery distributors.
Private lottery companies have made against this discriminatory and high rat🥂e of tax, and claimed that the taxation structure would cripple and destroy their business.
In a related development, ﷽it has been reported that the headed by Maharashtra Finance Minister Sudhir Mungantiwar, that had been tasked by the GST Council to study the differential tax rates on lotteries, has so far, fai𒀰led in its efforts to recommend a uniform tax rate for lotteries.
According to , the panel failed to reach a consensus after representatives of West Beng𝓰al and Kerala opposed the idea, citing loss to state governments.
The GST Cou✅ncil is slated to discuss the issue on 21st June, although a decision on the issue is unlikely, given the lack of consensus on the issue.
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