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Valuation- supply of lottery tickets - Gurukul Kendra

Valuation- supply of lottery tickets

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  • Value of supply of lottery shall be 100/112 of the face value OR
  • the price notified in the Official Gazette by the organising State, whichever is higher, in case of lottery run by State Government and

 

  • 100/128 of the face value OR
  • the price notified in the Official Gazette by the organising State, whichever is higher, in case of lottery authorised by State Government.

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