GST council agrees to levy 28% tax on online gaming, horse racing and casinos. GST Council Meeting
Council Agrees To Levy 28% Tax On Online Gaming, Horse Racing, Casinos
GST council agrees to levy 28% on online gaming, horse racing and casinos, according to Chandrima Bhattacharya, Finance Minister of West Bengal.
- The mechanism of levy would likely be on face value.
- Amendment to keep horse racing, casinos and online gaming out of actionable claims purview.
- Tax exemption for special medicines also approved.
- West Bengal has informed it will have two appellate benches in its state.
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