Pankaj Chaudhury, Minister of State in the Ministry of Finance, educated the Rajya Sabha on December 20, Tuesday that online gaming attracts 28 percent GST as well as the main federal government has actually developed a task force to consider all facets of online gaming law.
“Actionable claims in the form of betting and gambling, including those arising from online gaming attract 28 per cent GST and the GST Acts does not make the levy dependent on whether it is a game of skill or game of chance. Cases have been filed challenging the levy of GST on online gaming,” Chaudhury stated throughout the session in the Parliament.
He even more educated the Parliament that the Central Government has actually comprised an Inter-Ministerial Task Force (IMTF) to consider all facets of online gaming law. The GST Council has actually additionally comprised a Group of Ministers (GoM) on gambling enterprises, race track, as well as online gaming to …
