GoM on GST levy on casinos, online gaming to meet on July 12

Author: Live Casino Direct
 
GoM on GST levy on casinos, online gaming to meet on July 12
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The Group of Ministers on casinos, online gaming and horse racing will meet on Tuesday to finalise its report on modalities taxing these activities that are akin to gambling. The GST Council, comprising the Centre and state finance ministers, had referred back the report to the Group for further discussion and set a deadline of July 15 for the submission of the final report.

GoM on GST levy on casinos, online gaming to meet on July 12. Uttar Pradesh Finance Minister Suresh Kumar Khanna is a member of the GoM. The GoA Industries Minister Mauvin Godinho highlighted that there was a need for greater detailing and understanding why casinos require a different treatment in taxation. The GST Council gave time for further consultation and mandated the Group of Ministers to finalise its report by July 15. Other state ministers in the 8-member Gom include Gujarat Finance minister Kanubhai Patel, Tamil Nadu FinanceMinister P Thiaga Rajan and Telangana Finance Minster T Harish Rao.