Key Points
The GST Council is expected to take a final view on the taxation rate and taxability of the three activities on July 11.Representative image..
The GoM on online gaming, horse racing and casinos had a broad agreement that a 28 per cent GST should be levied on all the three supplies, but a consensus eluded on taxability of online games, as Goa suggested an 18 per cent tax on platform fees, sources said..
A final view on taxation rate as well as whether tax is to be levied on gross gaming revenue (GGR) or fees charged by the platform; or on the full face value of bets put in by players of online gaming, horse racing and casinos would be taken by the GST Council on July 11...
While Goa suggested a 28 per cent tax on gross gaming revenue of casinos, it said an 18 per cent GST on platform fee/service charge levied by platform operators, Goa said.. Goa also suggested that contributions to the prize pool may be treated as supply not liable for GST levy...
Tamil Nadu and Telangana have suggested that if the GST Council decides that the three activities are not actionable claims of betting and gambling, then 28 per cent tax should be levied on GGR...
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