Winning amount in horse race, game of chance will not attract GST

New Delhi, Sep 29 The winner of a horse race or any game of chance will not penalised by way of extra taxes as GST levy with the Appellate Authority of Advance Ruling, Maharashtra ruling that winner of a game is not rendering any service or making any supply and the prize money is outcome of an event where results are not universal.

In general parlance, the order means that prize money from winning a derby or any other game where outcome is not known, will not be subject to Goods and Service Tax

( With inputs from IANS )