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Centre notifies amendments in GST laws
October 02, 2023
|The Statesman
The central government has notified the amendments in GST legislation passed by the Lok Sabha in August so as to impose a 28 per cent tax on online gaming, casinos, and horse racing. The amendments will come into effect as was earlier announced from October 1.
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The amendments in the GST acts were made after they were proposed by the GST Council to make way to levy 28 per cent taxes on such items.
On August 11, the Lok Sabha, during its final session of the monsoon season, passed amendments to two Goods and Service Tax (GST) laws with a voice vote and minimal debate. These amendments relate to the Integrated Goods and Services Tax (Amendment) Bill, 2023, and the Central Goods and Services Tax (Amendment) Bill, 2023.
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