Ministers of Indian Government recommends 28% GST on online games, horses racing, casino.

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The Group members of Ministers (GoM), leaded by the Meghalaya Chief Minister Conard Sangma, has agreed on applying 28% GST on ca...

The Group members of Ministers (GoM), leaded by the Meghalaya Chief Minister Conard Sangma, has agreed on applying 28% GST on casino, online gaming services and race course, according to sources. The GoM report will be submitted in a week to the GST Council. The GoM’s recommendations are generally accepted by the GST Council, which is likely to hold its meeting later this May or in June first week. 
At present, services of casino, horse racing and online gaming attract 18 per cent GST. But after this services of casino, online gambling, horse racing and other online games will be under 28% GST Slab.

The other members of the GoM are Maharashtra deputy chief minister Ajit Pawar, Tamil Nadu finance minister P Thiaga Rajan, Uttar Pradesh finance minister Suresh Khanna, West Bengal finance minister Chandrima Bhattacharya, Gujarat finance minister Kanubhai Patel and Telangana finance minister T Harish. 

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The Market Guru: Ministers of Indian Government recommends 28% GST on online games, horses racing, casino.
Ministers of Indian Government recommends 28% GST on online games, horses racing, casino.
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