GST Council defers decision on 28% GST on casinos, online gaming; GoM to submit report by July 15

29 June 2022admin

The Group of Ministers, headed by Meghalaya CM Conrad Sangma, has been asked to re-deliberate the tax rate on horse racing, online gaming, casinos by July 15. The report will be discussed by the GST Council at its next meeting. The two-day GST council meeting in Chandigarh concluded on Wednesday.

The two-day GST council meeting, headed by Union Finance Minister Nirmala Sitharaman, in Chandigarh concluded on Wednesday. After the meeting, FM Sitharaman announced that the proposal to levy 28 per cent GST on casinos, online gaming, horse racing and lottery has been deferred.

The Group of Ministers, headed by Meghalaya CM Conrad Sangma, has been asked to re-deliberate the tax rate on horse racing, online gaming, casinos by July 15. The report will be discussed by the GST Council at its next meeting. The GST Council will meet again on this GoM's agenda in 1st week of August.

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