Betting, gambling or lottery services
“Betting or gambling’ has been defined in section 65B of the Act as ‘putting on stake something of value, particularly money, with consciousness of risk and hope of gain on the outcome of game or a contest, whose result may be determined by chance or accident, or on the likelihood of anything occurring or not occurring.
As per finance act, 1994 service of betting, gambling or lottery services are covered under negative list. However exemption under this entry of negative list is provided to the act of betting, gambling or lottery and not to the activities carried out in relation to the main activity of gambling, betting or lottery.
Auxiliary services that are used for organizing or promoting betting or gambling events are in the nature of services used for providing the negative list services of betting or gambling and not exempt from service tax provision.