Record objections in GST case, HC tells casino firms
The High Court of Bombay at Goa directed casino companies to record their objections and join the adjudication process in the GST matter.
Tag: casinos
UP passes bill implementing 28% GST for online gaming, casinos and horse racing
Uttar Pradesh (UP) state assembly on Wednesday, November 29 passed the bill imposing 28% GST on full face value for online gaming (real money), casinos and horse racing as dictated by the Finance Ministry. State finance minister Suresh Khanna chaired the bill.…
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…
GST – A New Landscape on Online Gaming, Casinos, Horse Racing w.e.f. October 1, 2023
GST Council recommended certain amendments in the CGST Act 2017 and the IGST Act 2017, including amendment in Schedule III of CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.
Delta Corp gets GST demand notices totalling nearly Rs 17,000 crore
Casino operator Delta Corp has received tax notices totalling Rs 16,822 crore from the Directorate General of GST Intelligence on Friday. This demand is for the period between July 2017 and March 2022. The first notice, for Rs 11,140 crore…
Group of ministers likely to propose 18% GST for games of skill, 28% for chance
The Meghalaya chief minister Conrad Sangma headed GoM may recommend the highest 28% GST on betting, casinos and horse racing, differentiating between games of skill and games of chance. Read more at: THE ECONOMIC TIMES
GST: GoM on online gaming, casinos submits report to FM Nirmala Sitharaman
The panel of state ministers set up by the GST Council to look into taxation of online gaming and casinos on Thursday submitted its report to Finance Minister Nirmala Sitharaman. The GST Council, chaired by Sitharaman, may take up the…
GST review for online gaming, casinos, horse racing not on Dec 17 Council agenda
The GST Council, in its meeting on December 17 is unlikely to take up proposals related with rate and valuation for levying GST on online gaming, casinos and horse racing. “The Group of Ministers (GoM) is yet to submit its…
GoM on GST levy on casinos, online gaming to submit report next week
The state finance ministers’ panel for GST levy on casinos, online gaming and horse racing will submit its report to the GST Council next week, Meghalaya Chief Minister Conrad Sangma said on Friday. Sangma-headed Group of Ministers (GoM) held its…
GoM: Online gaming likely to attract 28% GST on full value
A group of ministers (GoM) on casinos, race courses and online gaming on Tuesday decided not to change its earlier recommendation for a uniform 28% tax on the full value of the consideration on all three. This paves the way…