Indian council fixes uniform tax rate for lottery

The GST Council from India has decided on an uniform tax rate for both state and private lottery.

India.- The Goods and Services Tax (GST) Council from India has advanced a measure that sets an uniform tax rate of 28% on state and private lottery. This new tax will come into force on March 2020.

Current regulations establish that state lotteries attract 12% GST and private ones are subject to a 28% tax, Times of India reported. The proposal ended up with 21 votes in favour and seven against it.

“We went ahead with a decision to have a vote. So it’s not imposed by the Council, it’s not imposed by me as the Chair, but it was on a request from one member,” said Union Finance Minister Nirmala Sitharaman, who heads the council.

Goa: offshore casino to be moved

The state government passed an order in late November to move one offshore casino from the Panaji side to the Verem side. The floating casino belongs to Deltin Group.

Deltin Group asked the government the permission to move one of the three vessels that it operates in the state. “Based on the application, we have passed an order to shift Deltin Caravela towards Verem,” Lobo said. The minister added that the Caravela will be anchored behind Deltin Royale.

Lobo also confirmed that the Goa government decided to balance the number of offshore casinos in the Mandovi. “Of six offshore casinos operating in the Mandovi, three will be placed along the Panaji side and three on the Verem side.”