The ministerial group charged with reviewing the GST duty on casinos, racecourses, and internet gaming has completed its report, which will be discussed at the next GST Council meeting.
The Group of Ministers, chaired by Meghalaya chief minister Conrad Sangma, had unanimously voted earlier this month to raise the tax rate on certain services to 28 percent. On Wednesday, the GoM met again to finalise the technique for valuing these services in order to impose this tax. "On casinos, racecourses, and online gaming, the Group of Ministers (GoM) has reached an agreement.
In a day or two, the report on our suggestions will be delivered to Hon'ble FM, Smti. @nsitharaman Ji, and the topic will be discussed at the next @GST Council Meeting "Sangma used Twitter. Casinos, horse racing, and online gaming services are currently subject to an 18% GST. In May of last year, the government established a panel of state ministers to better value the services of casinos, online gambling portals, and racetracks in order to impose the Goods and Services Tax (GST).