News > Why online gaming could now attract a higher GST of 28%
Why online gaming could now attract a higher GST of 28%
The Indian Express | 03/05/2022 04:12 PM | Click to read full article
A Group of Ministers (GoM) formed to look into the tax rate on casinos, online gaming, and racecourses has arrived at a broad consensus to levy a flat rate of 28 per cent on these services under the Goods and Services Tax (GST) regime.
"The panel has directed the officers to look into the modalities for valuation for levying the tax, after which the final meeting of the panel will take place by mid-May", West Bengal Finance Minister Chandrima Bhattacharya said.