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

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.