After online gaming firms, GST authorities set sights on casinos

ax authorities are closely looking into transactions of casinos to examine evasion of goods and services tax (GST) in the past. According to sources, more notices are likely to be sent to casinos in the coming days.

The move comes soon after the official notification to levy 28 per cent GST on online gaming, horse racing and casinos. In the case of casinos, consumers have to pay GST upfront on the full value of the chips that they purchase.

Casino chain DeltaCorp has already received two notices till date for GST. On October 14, it informed the stock exchanges that its subsidiary Deltatech Gaming had received notices for shortfall of tax amounting to Rs 6,384 crore.  

“The amounts claimed in the abovementioned notice are inter alia based on the gross bet value of all games played during the relevant period. Demand of GST on gross bet value, rather than gross rake amount, has been an industry issue and various representations have already been made to the Government at an industry level in relation to this issue,” DeltaCorp had said.

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