Kewal Krishan Sharma attends 38th GST Council meeting

Pitches for uniform rate of tax on lotteries

5 Dariya News

Jammu 19-Dec-2019

Advisor to Lt. Governor, K.K. Sharma, attended the 38th GST Council meeting held under the Chairmanship of  Union Finance Minister at New Delhi.During the meeting, the issue  regarding fixation of rate of tax on government run and government authorized lotteries came up for discussion.Participating in the discussion, Sharma emphasized a uniform rate  of tax on sale of all kinds of lotteries.Later, the voting took place on the issue and the Council decided that a uniform rate of 28% shall be imposed on sale of all kinds of lotteries  with effect from 1st of March 2020.The Advisor made a presentation during the meeting on the measures taken up by the J&K Government to facilitate resumption of normal  business activities. Further, the presentation included good practices prevalent in the GST administration of JK Union Territory for revenue increase which were also shared with  other state and UTs of the country.