28% GST to be levied on online gaming, horse racing, casinos on full face value: Sitharaman
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Jul 11, 2023 07:51 PM IST
The Goods and Services Tax Council decided to levy 28% GST on online gaming, horse racing and casinos on full value in its 50th meet in New Delhi on Tuesday.
The Goods and Services Tax Council decided to levy 28% GST on online gaming, horse racing and casinos at full value, Union Finance Minister Nirmala Sitharaman said after the conclusion of the council’s 50th meet in New Delhi on Tuesday.
There were deliberations on whether to impose a 28% GST on the face value of bets, gross gaming revenue, or just on platform fees.
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