The 50th GST Council meeting announced a 28% GST levied on full value for online gaming companies. While the announcement faced backlash from gaming companies and players alike, the meeting on August ...
FM Sitharaman says moving fast on setting up GST Appellate tribunals At GST Council meeting, some states raise the issue of notices to online gaming companies 18 states have enabling legislation for ...
The government’s revenue department has widened its ongoing investigation into potential underpayment of Goods and Services ...
GST Council, the body that decides on GST rates, has decided to levy a 28 per cent GST on online gaming, horse racing, and casinos, which has sparked instant outrage from the online gaming industry.
In some relief to online gaming industry, the GST Council on Wednesday decided that 28 per cent GST will be levied at face value of entry level bets placed in gaming platforms and casinos, even though ...
New Delhi: Parliament on Friday passed the amendments in the Central GST as well as Integrated GST legislations to allow 28 per cent levy on full face value of bets placed in casinos, horse racing and ...
On the taxation on online games, casinos and horse racing, 45% citizens were in favour of 28% GST on this leisure activity. Meanwhile, 7% of the responders voted for a 40% tax slab, 27% voted for over ...
The highest-ever GST collection in April indicates a favourable trend signaling growth in domestic demand. In a bid to track offshore online gaming companies and ensure they comply with goods and ...
The government’s announcement of a new 28% GST levy on the full game value in online games—equating the sector with gambling—led to some commentators tweeting eulogies for the industry yesterday. We ...
The Goods and Services Tax (GST) Council's decision to impose a 28% GST on online gaming, casinos, and horse racing has been condemned by the gaming industry. The council also confirmed that there ...
On May 25, 2021 the GST Council held its 43rd meeting and constituted two Group of Ministers (“GoM”). The objective of the GoM was to deal with matters related to: i) capacity-based taxation and ...