The GST found that lottery distributors had evaded taxes since July 2017.<\/p>\n\n\n\n\n\n\n\n
India.- The GST department has detected Rs. 344 crores (US$41.67m) in tax evasion<\/strong> by lottery distributors from July 2017 to February 2023. It’s not clear where the evasion took place, but few states permit lottery sales, including West Bengal, which earns significant revenue from lottery sales.<\/p>\n\n\n\n The Ministry of Finance said there had been no tax evasion detected in paper lottery sales in neighbouring Bihar, Jharkhand and Odisha.<\/p>\n\n\n\n The Ministry of Finance said Rs. 352.95 crores, including interest and penalties, have been recovered from lottery distributors from the inception of GST in 2017 until February 2023. The ministry confirmed that there is no proposal to create a lottery regulator in the country.<\/p>\n\n\n\n Effective March 1, 2020, the country’s states and state-licensed lotteries are subject to a flat GST of 28 per cent. In the past, lotteries were taxed under two blocks based on category.<\/p>\n","protected":false},"excerpt":{"rendered":" The GST found that lottery distributors had evaded taxes since July 2017.<\/p>\n","protected":false},"author":176,"featured_media":16825,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The GST department in India has identified significant tax evasion totaling Rs. 344 crores (US$41.67m) by lottery distributors between July 2017 and February 2023, with Rs. 352.95 crores, including interest and penalties, already recovered. This enforcement action underscores the regulatory scrutiny on the lottery vertical, which is subject to a flat 28% GST, while the Ministry of Finance has confirmed no plans for a dedicated lottery regulator.","focusai_entities":"GST department, Ministry of Finance","focusai_location":"India, West Bengal, Bihar, Jharkhand, Odisha","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Lottery GGR","query":"What is the projected impact of these tax recoveries and ongoing GST enforcement on the Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) of the Indian lottery sector?"},{"label":"Regulatory Framework Gaps","query":"Given the detected evasion and the absence of a dedicated lottery regulator, what are the potential governance framework gaps that could be exploited by non-compliant operators or distributors in India?"}],"footnotes":""},"categories":[439,16334],"tags":[23911,3573],"class_list":["post-777003574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-news","category-south-asia-news","tag-gambling-regulation","tag-lottery"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777003574"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003574\/revisions"}],"predecessor-version":[{"id":777003611,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777003574\/revisions\/777003611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16825"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777003574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777003574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777003574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}