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Amended upto (Year) ⇨

CGST RULES, 2017
[Amended upto 2025]

CHAPTER IV - DETERMINATION OF VALUE OF SUPPLY

TaxGPT

Summarize Rule 31A by TaxGPT in

AA |

Rule 31A - Value of supply in case of lottery, betting, gambling and horse racing.

1[31A. (1) Notwithstanding anything contained in the provisions of this Chapter, the value in respect of supplies specified below shall be determined in the manner provided hereinafter. 2[(2) The value of supply of lottery shall be deemed to be 100/128 of the face value of ticket or of the price as notified in the Official Gazette by the Organising State, whichever is higher.