Composite Rate of Tax - Lottery

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..... any other manner assisting in organizing lottery under section 66B and rule 6(7C). OPTION A: under section 66B, pay service tax @ 14% on gross amount of service provided. OPTION B: Composite amount of tax shall as follows: [rule 6(7C) of Service Tax Rules, 1994] Sl. No. Rate (amount of tax) Condition 1. Rs 8200 on every ₹ 10 Lakh (or part of ₹ 10 Lakh) of aggregate face value o .....

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..... egulation) Rules, 2010 notified by the Government of India in the Ministry of Home Affairs published in the Gazette of India, Part-II, Section 3, Sub-section (i) vide number G.S.R. 278(E) dated 1st April, 2010. (iii) "online lottery" shall have the meaning assigned to it in clause (e) of the rule 2 of the Lottery (Regulation) Rules, 2010 notified by the Government of India in the Minis .....

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