Group of Ministers may not tweak 28% GST on online gaming, casinos
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Group of Ministers reviewing the goods and services tax slabs for online gaming, horse racing and casinos is unlikely to tweak the 28% rate recommended for these activities. The GoM will only review whether tax should be imposed on the total amount spent at a casino or the amount of money spent on gambling.
GST of 18% is levied on casinos, horse racing and online games where no betting or gambling is involved. The rate is 28% for online gaming involving betting and gambling. GST Council has given the GoM time till July 15 to review its proposals. Goa minister Mauvin Godinho had proposed that the highest GST rate of 28%, which was objected to by the council. The GoA government argued that casinos needed a different treatment. It suggested that a person may pay ₹10,000 at the counter to get chips. Union finance minister Nirmala Sitharaman said the government agreed with the proposal.
Group of Ministers may not tweak 28% GST on online gaming, casinos.
