UPSC Current – Supreme Court reserves order on GST on sale of lotteries

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Supreme Court reserves order on GST on sale of lotteries

Why in News?

The Supreme Court has reserved its judgment on the constitutional validity of imposing Goods and Services Tax (GST) on sale of lotteries across the country.

Actionable claim

Section 2(52) of the Act defines ‘goods’ to include ‘actionable claims’ like lotteries. An ‘actionable claim’ is a claim to debt by means other than mortgage or hypothecation of property. Hence, lotteries, despite being actionable claims, can be taxed as ‘goods’ under the Act.