GST GoM meeting begins, online gaming, casinos, horse racing may attract 28 percent GST

Playing online games can be expensive.

There is a new structure of GST on online gaming, casino and horse racing, there may be 28 percent GST on it. At present, there is 18 per cent GST on it.

Regarding increasing GST on online gaming, casino, horse racing gst group of ministers ,GST GoM) meeting has started. In this meeting, 28 percent GST can be considered on online gaming, horse trading and casinos. At present, GST is levied on them at the rate of 18 per cent. In May last year, the government had constituted a panel of state ministers for the correct assessment of GST on services such as online gaming, casinos and horse racing. Most of the states had approved to tax it at 28 per cent. Some states have the idea of ​​levying GST according to the category. It was decided to impose tax on the basis of transaction and value.

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