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(UN)FAIR PLAY?
India Today
|July 31, 2023
The latest round of revision in the Goods and Services Tax (GST) has dealt a body blow to online gaming companies.
At the 50th meeting of the GST Council held on July 11, it was decided that online gaming, horse racing and casinos would attract a uniform GST of 28 percent on the full face value of the placed bets. Moreover, despite many representations by the sector, the Council also refrained from making any distinction between skill-based and chance-based online games, thus taxing them equally. The move has sparked sharp protests from the sector.
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