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GST

GST council agrees to levy 28% tax on online gaming, horse racing and casinos

by TaxConcept July 11, 2023July 11, 2023

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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Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income... More by TaxConcept

Council Agrees To Levy 28% Tax On Online Gaming, Horse Racing, Casinos

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