GST on online gaming: GoM recommends 28% GST, expert says disadvantage for game companies
Shortpedia
Content Team
Image Credit: economic times
The Goods and Services Tax (GST) Council's group of ministers (GoM) on online gambling, race courses and casinos has reportedly recommended levying of 28 percent GST on services like online gaming. Reports further added that the GOM recommendation of GST levying is only on the initial betting and gaming amount as the GoM is not in favour of levying tax on every bet or the winning amount.
