Lottery Distribution/Selling Agent Now Taxable

Last updated at Dec. 16, 2024 by

We know that

Service tax is imposed on Service

And

Service does not include Transaction in Money

Now it is clarified that

Transaction of Money does not include activity of Lottery/Distribution/Selling Agent

Hence,in effect

Activity of Lottery/Distributin/Selling Agent is a Service and Service tax will be charged on it

Learn more

Go Ad-free
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.