Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Procedural Defect Leads to Invalidation of Tax...     TaxTMI    Judicial Resolution Enables Export Tax Refund...     TaxTMI    Revised ITR-3 Form Introduced for AY 2025-26,...     TaxTMI    SEBI Amends Stock Exchange Rules: Cooling-Off...     TaxTMI    Trustees Now Required to Disclose Litigation and...     TaxTMI    Customs Mutual Administrative Assistance Expanded:...     TaxTMI    RBI Extends Diamond Dollar Account Qualification...     TaxTMI    Firm's Multi-State Registration Sparks Legal...     TaxTMI    Technical Filing Glitch Overturned: GST Appeal...     TaxTMI    Landmark GST Ruling: Petitioners Win Right to...     TaxTMI    High Court Quashes Demand Orders for Procedural...     TaxTMI    Tax Notifications Upheld: Administrative Order...     TaxTMI    High Court Suspends GST Tax Credit Reversal Order,...     TaxTMI    Pending Supreme Court Decision Governs GST Tax...     TaxTMI    SEBI Revamps Depository Regulations with...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
GST - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Value of supply in case of lottery, betting, gambling and horse ...


Rule 31A: GST Valuation Changes for Lottery, Betting, Gambling, and Horse Racing Impact Tax Calculation and Compliance.

March 3, 2020

Act Rules     GST

Value of supply in case of lottery, betting, gambling and horse racing. - Rule 31A of the Central Goods and Services Tax Rules, 2017 - As amended

View Source

 

← Previous Next →

 

You may also like:

  1. Clarifications regarding levy of GST on accommodation services, betting and gambling in casinos, horse racing, admission to cinema, homestays, printing, legal services...

  2. Imposition of tax on horseracing / betting - still governed by the Hyderabad Horse Racing and Betting Tax Regulation of 1358 Fasli - High Court worried

  3. Vires of Maharashtra Tax on Lotteries Act, 2006 - lottery falls within the purview of betting and therefore, Entry 62 List II is invoked by the State Legislature to...

  4. SC determined service tax cannot be levied on lottery ticket sales between state governments and distributors. The relationship between Government of Sikkim and...

  5. Levy of GST - carrying on the business of a race club, which includes lay-out and preparing any land for running of horse races, steeplechases of races of any other kind...

  6. Right to carry lottery business - Use of Kerala GST Act, 2017 and police power to interfere into the lottery business - practical difficulty - The petitioners should not...

  7. Levy of tax on lotteries - we do not accept the submission of the petitioner that there is any hostile discrimination in taxing the lottery, betting and gambling and not...

  8. Levy of GST - prize money received from the horse racing clubs for winning the horse race competition - Taxable supply or not - The prize money/ stakes will not be...

  9. Levy of GST - Supply or not - receipt of prize money from horse race conducting entities - The applicant never passes the ownership of horses to the race organizer....

  10. Recommendations of 50th meeting of GST Council - GST Council recommends Casino, Horse Racing and Online gaming to be taxed at the uniform rate of 28% on full face value...

  11. Supplementary refund of unutilized input tax credit pertaining to Compensatory Cess - Section 164 of the GST Act empowers the Government to frame rules. Refund of...

  12. Refund claim of service tax paid on cancelled transactions - Post GST era - Rejection of refund under Rule 6(3) of Service Tax Rules read with Sec 142(5) of CGST Act -...

  13. Goods and services Tax Rules, 2017 (GST Rules)

  14. Municipal property tax reimbursements by lessee/occupier are subject to GST as part of the taxable value of supply under Sec 15 of GST Act. AAR ruled that municipal...

  15. Conduct of lotteries - Power of Host State to make rules under section 12 of the Act to monitor the conduct of lotteries of Organising States within the territory of the...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: Distributor Seeks Clarity on Month-End Discount Credit Note Amid Compl...
F: Tax Deduction Dilemma: Unissued Vendor Invoices Require Careful Docume...
F: Taxpayers Can Fix TDS Return Errors Through Section 154 Rectification ...
T: NRIs Gain Flexible Tax Planning with Option to Choose Between Special ...
T: Tax Benefits for NRIs Shifting Residency: Navigating Asset Taxation Un...
A: LLPs Must File Annual Returns via Form 11 and Form 8 by 30th May and 3...
A: Empowering Unorganized Workers: Digital Platform Bridges Social Securi...
A: Company Registration Under Companies Act 2013: Key Eligibility, Proced...
A: Foreign Companies Must Navigate Complex Registration Process Under 201...
A: Turning Plastic Waste into Sustainable Building Blocks: Innovative Eco...
A: Innovative Road Construction Technique Transforms Plastic Waste into S...
A: Green Supply Chain Strategies Cut Logistics Costs and Carbon Emissions...
A: India's Hand and Power Tools Sector Set to Expand Export Market from $...
A: Fire Safety Laws in India Mandate Comprehensive Prevention Measures Ac...
A: Urban Green Belts Under Siege: Protecting Ecological Zones from Unauth...
A: Street Food Safety Revolution: FSSAI Mandates Vendor Registration, Hyg...
A: Climate Action Demands Collaborative Governance: Integrated Legal Fram...
H: Tax Recovery Halted: Statutory Timelines Violated, Premature Action Re...
H: High Court Quashes GST Registration Cancellation Order for Lack of Rea...
H: Tax Assessment Orders Invalidated for Exceeding Four-Year Limitation P...
H: Refund Claim Upheld: Arbitrary Filing Date Restriction Invalidated, St...
H: Challenging Tax Refund Appeals: Commissioner's Appeal Does Not Automat...
H: Expenditure for Subsidiary Wind-Up Deemed Commercially Expedient, Dedu...
H: Income Tax Authorities Granted Broad Powers to Review, Rectify, and En...
H: Income Tax Tribunal Reclassifies Property Rental as Business Income, U...
H: Taxpayer Fails to Prove Ownership of Silver Bars, Income Tax Tribunal ...
H: Scrap Dealer Wins Partial Tax Relief: Unexplained Cash Deposits Limite...
H: Tax Reassessment Quashed: Revenue's Limitation Period Extension Reject...
H: Government Dues Extinguished: Authorized Representative's Writ Validat...
H: Money Laundering Case: Fraudulent Bank Transaction Funds Deemed Procee...