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Parliament approves 28% GST on online gaming, horse racing, casinos
The Morning Standard
|August 12, 2023
PARLIAMENT on Friday approved amendments to the goods and services tax (GST) laws, enabling imposition of a 28% GST on the full value of bets placed in casinos, horse racing, and online gaming.
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The amendments to the Central and Integrated GST laws were passed in the Lok Sabha without discussion. However, for the 28% levy to take effect, states will also need to make changes to their own GST Acts through legislative measures. By Friday afternoon, the Rajya Sabha returned the Bill to the lower House, clearing the path for its enactment.
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