Download
Mobile App

android apple
signal

Finance Minister Nirmala Sitharaman says that 28 % GST increased on casinos and online gaming

Finance Minister Nirmala Sitharaman today said that 28 percent GST on casinos and online gaming will be levied on face value. Addressing media after the 51st GST Council Meeting in New Delhi, Ms Sitharaman said the 28 percent GST on online gaming and casinos is expected to be implemented from the 1st of October. She added that the Council has agreed to come back after six months of implementation to review the way in which this is getting implemented.
 
The GST Council in its last meeting had recommended that the actionable claims supplied in Casinos, Horse racing, and Online gaming may be taxed at 28 percent on full face value, irrespective of whether the activities are a game of skill or chance. The Council had also recommended that the law may be amended to provide clarity in the matter. It recommended certain amendments in the CGST Act 2017 and IGST Act 2017 to provide clarity on the taxation of supplies in casinos, horse racing, and online gaming.
 
The meeting was also attended by Minister of State for Finance Pankaj Chaudhary besides, Finance Ministers of States and UTs and senior officers of the Ministry of Finance.