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GOM ON GST LEVY
Finance Ministry releases Rs 1.1 lk cr as third instalment of tax devolution to state govts"One advance instalment in addition to the regular instalment due in June 2023 is being released to States to enable them to speed up capit...
FinMin starts process for deciding on convenor of GST rate rationalisation GoMIndia's finance ministry has started the process of deciding on a new convenor of the GoM on GST rate rationalisation. The position has bee...
GoM on GST levy on casinos, online gaming to submit report next weekThe GoM in its earlier report submitted to the council in June had suggested a 28 per cent GST on the full value of the consideration, incl...
GoM still divided on 28% e-gaming GST, GGR levyUP and WB favoured a differential treatment between games of ‘skill’ and ‘chance’, say sources.
GoM likely to recommend 28% GST on online gaming; Council to take decision on basis of valuationThe GoM, chaired by Meghalaya Chief Minister Conrad Sangma, met virtually on Tuesday to discuss and conclude their long pending report on t...
Ministers' panel may recommend 28% GST on online gaming, tweak in calculation methodThe Group of Ministers (GoM), chaired by Meghalaya Chief Minister Conrad Sangma, had in its earlier report submitted to the Council in June...
GoM on casinos, online gaming, horse racing to submit report to FM Nirmala in a day or two: SourcesRegarding casinos, the GoM had recommended that the tax should be levied on the full face value of the chips/coins purchased from a casino ...
GoM for peak 28% GST only on betting component of online gaming, casinosGoa had opposed GoM's earlier recommendation and wanted that the 28% GST be levied only on the betting amount and not the full spend at a c...
GoM on GST levy on casinos, online gaming to meet on July 12Addressing a conference on GST organised by Federation of Indian Chambers of Commerce & Industry (FICCI), Uttar Pradesh finance minister Su...
Group of Ministers may not tweak 28% GST on online gaming, casinosCurrently, GST of 18% is levied on casinos, horse racing and online games where no betting or gambling is involved. The rate is 28% for onl...
28% GST likely on casinos, online gaming, horse races on gross revenueCurrently, services of casinos, horse racing and online gaming attract 18 per cent GST. The GoM would decide on the method of valuing the s...
GoM recommends 28% GST on online gaming, races, casinosThe GoM, headed by Meghalaya chief minister Conrad Sangma, on Wednesday discussed the valuation of services provided by casinos and online ...
Ministers' panel unanimous on 28 pc GST on casino, online gaming, horse racing: West Bengal FM Chandrima BhattacharyaAt present, services of casino, horse racing and online gaming attract 18 per cent GST (Goods and Services Tax).
GoM recommends one-time grant for Sikkim instead of Covid cess“A state does not have the right to levy a cess on sale outside the state, the provision is not there under integrated goods and service ta...
Ministerial panels on GST relief to MSMEs, levy of calamity cess to meet todayCurrently, businesses with annual turnover of up to Rs 20 lakh are exempt from the Goods and Services Tax (GST).
Group of ministers not in favour of sugar cess, moots lowering of GST on ethanol to 12%The proceeds from the levy, estimated at Rs 6,700 crore, would flow into a separate fund to be utilised for interventions in the sugar sect...
Sugar cess under GST: GoM to seek opinion from Law and Food MinistryThe Group of Ministers (GoM) was constituted on May 4 to look into the feasibility of implementing the food ministry proposal of levying ce...