GST On Online Gaming: Ministers To Meet Next Week To Review Tax Slab

GST On Online Gaming: Ministers To Meet Next Week To Review Tax Slab

SUMMARY

Last month, the GST Council had deferred the decision about imposing a 28% GST slab on casinos, online gaming, and lottery

A decision on changing the tax slab on online gaming and other related categories has been pending since earlier this year

The GoM met in May and unanimously agreed on imposing 28% GST on gross gaming revenue and not on per transaction

The Group of Ministers (GoM) formed by the Ministry of Finance to review the goods and services tax (GST) slab on online gaming, casinos and race courses is set to meet again next week on Tuesday (July 12).

Uttar Pradesh Finance Minister Suresh Kumar Khanna, who is also a member of the GoM, spoke about the team’s next meeting while speaking at a conference on GST organised by the Federation of Indian Chambers of Commerce & Industry (FICCI).

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