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Back to listsGst On Racing : Right Time For Clubs To Act On Sou
By Ramanujan | 19-Jun-2017
Now
Supply of lottery shall attract GST rates as under – 1. Lottery run by State Governments – 12%
2. Lottery authorized by State Governments – 28%
Clubs should lose no time to seize the nice opening available now to push ahead towards the winning post.
It’s no child’s play to run racing as against lottery. It would be a pity and gross failure if we fail to highlight-how a whole lot of downstream agriculturally oriented industrial activities providing vast employment opportunities to rural India – how horses are no different from cows/bulls in their food habits forcing increased growth of fodder, again a thoroughly green activity promoted etc. eminently detailed elsewhere in these columns by experts of breeding industry-- are behind running races successfully and present a game of skill to the public. Could ever the lottery (whoever runs the state or state authorized ) boast of anywhere near viable benefits on the ground to match with racing and not to speak of promoting the intellectual pursuits?
Highlight points are endless in favour of securing a far better deal than what the industry is threateningly hurled at.
Cheers
Supply of lottery shall attract GST rates as under – 1. Lottery run by State Governments – 12%
2. Lottery authorized by State Governments – 28%
Clubs should lose no time to seize the nice opening available now to push ahead towards the winning post.
It’s no child’s play to run racing as against lottery. It would be a pity and gross failure if we fail to highlight-how a whole lot of downstream agriculturally oriented industrial activities providing vast employment opportunities to rural India – how horses are no different from cows/bulls in their food habits forcing increased growth of fodder, again a thoroughly green activity promoted etc. eminently detailed elsewhere in these columns by experts of breeding industry-- are behind running races successfully and present a game of skill to the public. Could ever the lottery (whoever runs the state or state authorized ) boast of anywhere near viable benefits on the ground to match with racing and not to speak of promoting the intellectual pursuits?
Highlight points are endless in favour of securing a far better deal than what the industry is threateningly hurled at.
Cheers