Karnataka Cabinet defers Ordinance to tax online money games at 28% GST

The Cabinet referred the draft to the law, and parliamentary affairs departments for procedural vetting and placing at the next meeting

BCCL
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The Karnataka Cabinet on Thursday deferred the Ordinance to amend the state’s GST law to tax online gaming, casinos and racecourses at 28% rate.

The Cabinet referred the draft to the law, and parliamentary affairs departments for procedural vetting and placing at the next meeting

.The state is taking the ordinance route in view of the urgency to meet the October 1 deadline the GST Council has fixed to roll out the new tax rate.


The GST Council, at its meeting on July 11, decided to tax online gaming, casinos and racecourse at 28% on the full-face value of bets.

At a subsequent meeting on August 2, the council decided to complete the process of amendments at the earliest and implement them from October 1.
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Business News › Tech › Tech & Internet › Karnataka Cabinet defers Ordinance to tax online money games at 28% GST
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