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What is the uniform GST rate that has be...

What is the uniform GST rate that has been fixed up for lottery prizes by the GST council?

A

32

B

18

C

10

D

28

Text Solution

Verified by Experts

The correct Answer is:
D
Explanation: Four different GST slabs:- 5%, 12%, 18% and 28% were introduced by the government. Lotteries run by state-owned agencies levy 12% GST while a state-authorized lottery attracts 28% tax.
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