Google News
logo
Daily Current Affairs
The Supreme court has upheld that GST shall be imposed on which type of goods, referring as ‘Actionable claims’?
A)
Vaccine
B)
Lottery
C)
Medicine
D)
Two-wheelers

Correct Answer :   Lottery


The Supreme court on Thursday upheld that the Goods and Service Tax (GST) shall be imposed on the sale of lotteries, betting and gambling.
The Bench also highlighted that the GST Act, 2017 defines the goods to include ‘actionable claims’ and included only three categories of such claims namely lottery, betting and gambling, to levy GST. Actionable claim is the claim for a debt related to any benefit from unpossessed movable property and for which relief can be claimed in civil court.

Published On : July 20, 2021
Advertisement